|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's Range||55.55 - 56.73|
|52 Week Range||28.79 - 57.29|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||17.90|
|Forward Dividend & Yield||0.84 (1.50%)|
|1y Target Est||N/A|
Bullish chart patterns yield optimal buy points for stocks, but downward-sloping trend lines can often yield earlier entries.
Applied Materials (AMAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nvidia Corp. co-founder and CEO Jensen Huang has been named the No. 1 top-performing CEO in the world by Harvard Business Review for helming the Santa Clara-based chipmaker for 26 years and overseeing a meteoric rise in its stock price in recent years. Here's where other Bay Area CEOs ranked.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Applied Materials Inc. New York, October 29, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Applied Materials Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
The technology sector is heating up. Friday's breakout pushed the Nasdaq-100 to a new record high on the back of strength from the semiconductor industry. Today, we'll breakdown three tech stocks to buy if you want to capitalize on further gains.I'm particularly impressed by the performance of chipmakers. The industry broke to new highs Friday alongside the Nasdaq, led by a rip-roaring rally from Intel (NASDAQ:INTC). Other names like Lam Research (NASDAQ:LRCX) and Applied Materials (NASDAQ:AMAT) scored breakouts of their own.But it's not just the behavior of the winners that bolsters the bull case. It's also the action in the losers. Take Amazon (NASDAQ:AMZN), for instance. Thursday night, after reporting dismal earnings, AMZN stock was getting crushed. But once the opening bell rang on Friday, buyers swarmed with a vengeance, sending shares almost back to unchanged levels by day's end.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Buy and Hold Forever In sum, the strength in tech offers compelling opportunities for bulls. Let's take a closer look at three tech stocks to buy. Stocks to Buy After the Nasdaq Breakout: Nasdaq ETF (QQQ)Source: ThinkorSwim The first name on this list isn't a stock, but an exchange-traded fund. And the most obvious target in that space is the Nasdaq-100 ETF (NYSEARCA:QQQ). Instead of picking individual companies, hoping that they match or exceed the performance of the entire sector, why not just buy the index? It offers a diversified and straightforward path to profit from continued leadership.This morning's jump solidifies Friday's breakout bid by pushing QQQ well into unseen territory. The past three months have formed an ascending triangle that is completed and confirmed by this breakout.Implied volatility is trading at the lower end of its one-year range, making long option plays a cheap bet. Buy the Jan $197/$202 bull call spread for around $2.50. Microsoft (MSFT)Source: ThinkorSwim Microsoft (NASDAQ:MSFT) has been one of the most consistent winners of the sector this year. Breakouts and pullbacks have all created profitable buying opportunities along the way. Its earnings announcement reaction last week was subdued, but the numbers were good enough to keep MSFT stock's trend alive and kicking.The past three months have seen a tight consolidation form that is breaking to the upside with this morning's gap. It's trading up 3% right out of the gate. * 7 Defense Stocks to Buy to Fortify Your Portfolio Like QQQ, MSFT options are cheap right now, making long call spreads a low-cost bet. If you think the stock powers higher into year-end, then buy the Jan $145/$150 bull call spread for around $2.20. Intel (INTC)Source: ThinkorSwim Friday's powerful breakout in Intel after better-than-expected earnings demands its inclusion among key stocks to buy today. The chart is simply too pretty to pass up. Earnings announcements often set the tone for the quarter with poor performance weighing on stocks for months while great numbers buoy it up for the quarter.While INTC stock may need some pause after Friday's 8% rip, the downside should be limited in light of its strong fundamental backing right now. If we're lucky enough to see a pullback in the coming days, then use it to deploy bullish trades like naked puts or long call spreads.A break back below $53 would warrant reassessment. Barring that, the future looks excellent for INTC stock.As of this writing, Tyler Craig held bullish positions in INTC. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 AI Stocks to Buy to Profit from the Recent Tech Correction * 5 IPO Stocks With Lockup Expiration Dates Around the Corner * 3 Clean Energy ETFs for a Brighter Future The post 3 Tech Stocks to Buy After the Nasdaq Breakout appeared first on InvestorPlace.
Companies are spending on data centers again -- and that's proving a very good thing for Applied Materials . Analyst upgrades are streaming in for Applied Materials on the heels of strong earnings results from Intel and Lam Research , sending the shares rallying this week. AMAT was raised by analysts at RBC and Craig-Hallum, prompting a nearly 9% move higher.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Ultra Clean Holdings, Inc. New York, October 24, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ultra Clean Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Chip stocks like AMD and Applied Materials that have had substantial gains for the year are not the place to park your money when Texas Instruments tells you the trade situation is getting worse for semis. Take profits while you can.
As most companies in this space have seen no negative earnings estimate revisions, semiconductor ETFs might continue to see smooth trading in the weeks ahead.
The Zacks Analyst Blog Highlights: Southern Company, Applied Materials, Vertex Pharmaceuticals, NVIDIA and Edwards Lifesciences
Among top semiconductor stocks, AMAT stock is holding near highs as it tries to break free from a cup-shaped base with a 52.52 buy point.
Investors were willing to buy in for a second day in a row, encouraged the economy may get some help after all. Though it peeled back from its intraday high and volume was soft, the S&P 500 still ended Thursday's action up 0.64%.Source: Shutterstock Netflix (NASDAQ:NFLX) led the charge, gaining nearly 5% after Goldman Sachs dished out some kind words about the company. Despite its price-target cut, the investment bank still likes the stock, suggesting it only posed a "modest risk" relative to expectations. Freeport-McMoRan (NYSE:FCX) rallied roughly as much in response to an upgrade from UBS. The bank is a fan of the fact that the mining outfit is selling off some of its weaker assets, and further predicts copper prices will rise from here. * Boston Beer Company Stock Is a Credible Threat to Big Beer Holding the market back was PG&E (NYSE:PCG). The beleaguered utility name, driven to bankruptcy due to its role in California's devastating wildfires, plunged 29% when a judge ruled that key owners of the company's bonds would be allowed to submit a bankruptcy proposal of their own that could work against equity owners.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNone of those names are as compelling as stock charts of AbbVie (NYSE:ABBV), Applied Materials (NASDAQ:AMAT) and Chubb (NYSE:CB) are today. Here's why they earned a spot on watchlists. Applied Materials (AMAT)It has been anything but a straight-line move, but Applied Materials shares have made reliable progress since December's bottom. The ebbs and flows have left behind a well-defined set of rising support and resistance levels, plotted as light blue dashed lines on both stock charts.Assuming the pattern is still repeating itself, there's more upside ahead following August's rebound. Last week and this week gave us more evidence that AbbVie is en route to the upper boundary of its trading range. On the other hand, a couple of new concerns have taken shape. * Click to EnlargeChief among the concerns is the possibility that horizontal resistance has taken shape around $52.40, where the stock topped out in July and then again in September. * The other bearish red flag here is the lack of volume behind the current advance, and the fact that the weekly chart's momentum is waning. That is, the once-rising MACD lines are flattening out. * The good news is, the purple 50-day moving average line served as technical support last week and this week, upping the odds of a breakout beyond the ceiling at $52.40. Chubb (CB)The bears have tried to knock Chubb off of its bullish course several times since December's low. Each time the bulls stepped up to the plate, rekindling the rally. The end result is the establishment of a rising support line marked in yellow on both stock charts.That floor is being tested now thanks to this week's selloff. But, this time is notably different than the prior instances. This time, CB stock is ripe for a lot of profit-taking, and the bulls are on their heels. One more bad day could start a selling avalanche. * Click to EnlargeOn the weekly chart the vulnerability is evident in two ways. One of them is the fact that shares reached a full RSI-overbought condition in August. The other is this week's MACD crossunder. * Those aren't the only red flags on the weekly chart. While it took a day-by-day effort to make it happen, the sheer size and scope of the setback this week translates into the biggest weekly selloff since October of last year. That sweeping change of heart (for no discernible reason) is telling in and of itself. * Underscoring this week's big losses are a couple of days of high volume selling. The would-be sellers have largely tipped their hand. They're worried. AbbVie (ABBV)After an incredible 2017, AbbVie investors have experienced little more than misery. Shares peaked in early 2018, and the downtrend in the meantime was renewed just around each time it looked like it would finally come to a close.The rebound effort that's taken shape since August may end the same way. But, the bottom leading into that rebound was different than any of the previous ones. It may have cut deep enough to act as a capitulation. We need one more good 'umph' to know for sure, as that would finally get a pent-up rebound underway. * Click to EnlargeThe make-or-break line now is the line that connects all the key peaks since May of last year, plotted as a red dashed line on both stock charts. That resistance is being tested right now. * The selling may have hit a climax and set the stage for a prolonged reversal in August, as the weekly chart finally saw its RSI indicator line finally move to the sub-20, oversold level then. * Underscoring the bullish case is the recent action at and around the gray 100-day moving average line. ABBV stock failed to hurdle that line on three attempts earlier this year, but found support there at the beginning of this month (highlighted).As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post 3 Big Stock Charts for Friday: AbbVie, Chubb and Applied Materials appeared first on InvestorPlace.