51.20 +0.01 (0.02%)
After hours: 7:59PM EDT
|Bid||51.17 x 500|
|Ask||51.20 x 200|
|Day's Range||50.80 - 54.18|
|52 Week Range||39.15 - 62.40|
|PE Ratio (TTM)||19.27|
|Forward Dividend & Yield||0.40 (0.71%)|
|1y Target Est||N/A|
After a few strong days in the stock market, equities are coming under pressure Thursday. Earnings results from Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) and Lam Research Corporation (NASDAQ:LRCX) are not inspiring much confidence in the semiconductor space, weighing on names like Apple Inc. (NASDAQ:AAPL) and the rest of tech. With that in mind, let’s see what stock trades are setting up for Friday.
Applied Materials Inc (NASDAQ:AMAT) is currently trading at a trailing P/E of 20.4x, which is lower than the industry average of 25.6x. While AMAT might seem like an attractive stockRead More...
The Zacks Analyst Blog Highlights: Kohl's, FARO Technologies, Copart, Burlington Stores and Applied Materials
Atlassian (TEAM) third-quarter fiscal 2018 results to benefit from its enriched portfolio. However, increasing expense is a concern.
I have been investing in the semiconductor space for years, and it’s almost always feast or famine — serious highs or portfolio-crushing lows. Stocks in this industry can be very volatile, and we’ve seen this play out first-hand recently.
Zacks.com highlights: Microchip Technology, AMC Networks, LyondellBasell Industries N.V., Applied Materials and Celanese
Favorable efficiency level is expected to provide impressive returns as it is believed to be positively correlated with its price performance
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting AMAT. Over the last one-month, outflows of investor capital in ETFs holding AMAT totaled $18.66 billion.
The market for equipment to make chips just keeps getting better and better, according to Keybanc analyst Weston Twigg, who today reiterates Overweight ratings on shares of Applied Materials (AMAT), Lam Research (LRCX) and KLA-Tencor (KLAC), among others. Twigg raises his outlook for how much chip makers will spending on capital equipment this year to an increase of 8% from what he had thought would be 5%, and “demand is tracking even higher this year, potentially over 10%." "Chipmakers appear to be sticking with expansion plans, with relatively steady demand for logic equipment, foundry a bit soft in 1H, but likely to improve in 2H." DRAM chips are an area where there’s more spending popping up, he notes, by Samsung Electronics (005930KS) in particular: Samsung also appears to be spending aggressively on new DRAM capacity.
The size of Applied Materials Inc (NASDAQ:AMAT), a US$57.58B large-cap, often attracts investors seeking a reliable investment in the stock market. One reason being its ‘too big to fail’ auraRead More...
The U.S. and China might be closer to resolving their trade issues after President Xi Jinping noted that his country will look to further open the Chinese economy to outsiders. There are no guarantees just yet, but markets seem to be a bit less jittery recently. This means now might be a good time to buy back in on the industry that drove indexes to historic heights.
Semiconductor stocks were battered by the recent market sell-off, but with several interesting trends like the Internet of Things and artificial intelligence on the rise, it is still an exciting time to be investing in chip-making corner of the tech sector. Check out these Zacks Rank #1 (Strong Buy) semiconductor stocks right now!
Investors need to pay close attention to Applied Materials (AMAT) stock based on the movements in the options market lately.
Oracle (ORCL) Cloud recently selected by Fanatics. This new win is likely to enhance the company's cloud prospects, going forward.
ON Semiconductor (ON) unveils two new QE HDR CMOS image sensors which leverage company's NIR+ technology. The sensors are enabled to capture high quality images and videos in low light setting.
Silicon Motion (SIMO) remains well-poised for growth, driven by synergies from acquisitions and improving NAND supply environment.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting AMAT. Over the last one-month, outflows of investor capital in ETFs holding AMAT totaled $12.59 billion.