Applied Materials Inc
Score: Positive (71)
4 days at current score.
Upgraded from Neutral on October 6th 2017
- This company ranked positively compared to the Technology sector despite only 2 positive IHS Markit Categories
- Perception of the company's creditworthiness is positive and improving
- ETFs holding this stock have seen outflows over the last one-month
- Bearish sentiment is low
Short interest | Positive
Short interest is extremely low for AMAT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AMAT.
ETF/Index ownership | Negative
ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AMAT totaled $5.98 billion. Additionally, the rate of outflows appears to be accelerating.
PMI by IHS Markit | Neutral
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.
Credit default swap | Positive
The current level displays a positive indicator with a strengthening bias over the past 1-month. AMAT credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.
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