5 Reasons to Love Applied Materials Even at All-Time Highs
Author Bio I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. Semiconductor equipment leader Applied Materials (NASDAQ:AMAT) reported earnings last week, and its numbers and outlook were impressive. The stock subsequently spiked over 5% near $120 per share, reaching a new all-time high. In the quarter, revenue surged 24% year over year, and adjusted (non-GAAP) earnings per share were up an even higher 42%. Though Applied's business has traditionally be...
Source: fool.com