By Mill Chart
Last update: Nov 15, 2023
In this article we will dive into APPLIED MATERIALS INC (NASDAQ:AMAT) as a possible candidate for quality investing. Investors should always do their own research, but we noticed APPLIED MATERIALS INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
Overall AMAT gets a fundamental rating of 7 out of 10. We evaluated AMAT against 104 industry peers in the Semiconductors & Semiconductor Equipment industry. AMAT gets an excellent profitability rating and is at the same time showing great financial health properties. AMAT has a decent growth rate and is not valued too expensively.
Our latest full fundamental report of AMAT contains the most current fundamental analsysis.
More quality stocks can be found in our Caviar Cruise screen.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
APPLIED MATERIALS INC
NASDAQ:AMAT (4/19/2024, 7:00:00 PM)
After market: 189.5 -0.27 (-0.14%)189.77
-4.55 (-2.34%)
The company has set aside billions of dollars to buy back its own shares.
The company has set aside billions of dollars to buy back its own shares.
Chipmakers such as Advanced Micro Devices, Nvidia and Applied Materials gained between 0.3% and 0.7% in premarket trading. Micron Technology advanced 1.7% after a report that the memory-chip maker is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects.
Will Chinese "overproduction" of semiconductor chips swamp the market?
Will Chinese "overproduction" of semiconductor chips swamp the market?
These S&P500 stocks are moving in today's session
Wondering what's happening in today's session for the S&P500 index? Stay informed with the top movers within the S&P500 index on Wednesday.
Let's have a look at what is happening on the US markets on Wednesday. Below you can find the S&P500 gap up and gap down stocks in today's session.
Should Quality-Oriented Investors Explore APPLIED MATERIALS INC (NASDAQ:AMAT)?
Curious about the S&P500 stocks that are in motion on Tuesday? Join us as we explore the top movers within the S&P500 index during today's session.
As inflation persists, its imperative to consider these three inflation-proof stocks to maintain your portfolio health.