AMAT
History Says Applied Materials Stock Looks Ripe for Rebound
Article Summary
HOLD- Applied Materials Inc. (NASDAQ: AMAT) was last seen down 0.9% at $559.76, headed for its fifth loss in six sessions, but the stock is flashing a historically bullish signal with a 1.40 10-day put/call volume ratio higher than 87% in 87% of readings from the past year and a Schaeffer's Volatility Scorecard ranking of 91 out of 100.
- Seven times in the last three years that the equity's buy-to-open put-call ratio crossed over 1.0 and hit the 90th percentile, AMAT was higher one month later 86% of the time after these signals with an average return of 4.9%.
- From its current perch, this would put the stock back near $587, with the stock outperforming volatility expectations in past year.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 3.4% | 25% | 20.0 ptsMinimal (3.4%) - Very weak |
| EPS Growth Next 5Y ? | 31.5% | 25% | 90.0 ptsExcellent (31.5%) - Strong outlook |
| Target Price Upside ? | 14.9% | 20% | 50.0 ptsMeets Minimum (14.9%) - Target: $636.73 vs Current: $553.92 |
| Gross Margin % ? | 49.0% | 15% | 60.0 ptsSolid (49.0%) - Decent margins |
| Drawdown from 52-Wk High ? | -25.1% | 15% | 80.0 ptsSolid Dip (-25.1%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About AMAT
- Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
- The company operates through Semiconductor Systems and Applied Global Services (AGS) segments.
- The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation.
- The AGS segment offers integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, and 200 millimeter and other equipment and factory automation software for semiconductor and other products.
- It serves manufacturers of semiconductor wafers and chips, and other electronic devices.
- Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.