39.45 +0.02 (0.05%)
After hours: 7:59PM EST
|Bid||39.35 x 2900|
|Ask||39.45 x 800|
|Day's Range||38.80 - 39.44|
|52 Week Range||28.79 - 62.40|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||10.04|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.80 (2.04%)|
|1y Target Est||48.38|
Casey's, Polaris, Telenav, Applied Materials, Macy's, Zumiez and Abercrombie & Fitch highlighted as Zacks Bull and Bear of the Day
NEW YORK, Feb. 20, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Applied Materials Inc NASDAQ/NGS:AMATView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort 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. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AMAT totaled $12.56 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording 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 worthinessCredit default swap | NeutralThe current level displays a neutral indicator. AMAT credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
In an interview with TheStreet following the report, Gary Dickerson, Applied Materials' CEO, looked past the uncertainty of timing of purchases of chip equipment. Instead, he emphasized a future where more of everyday life is "transformed" by semiconductors for AI and other "workload-specific" uses, chips that in turn require more complex means of manufacturing than used in past. "Near term, everyone can see the downturn in the memory market," said Dickerson.
In an interview with Capital Market Laboratories (CMLviz), chief executive officer of Applied Materials (AMAT) Gary Dickerson had a clear message: This is the first big inning to this new inflection of the data-centric economy.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Have you been keeping an eye onRead More...
The Dow Jones Industrial Average jumped more than 1% while the Nasdaq Composite struggled to stay above breakeven on Friday, finishing 61 basis points higher, as markets head into a three-day weekend. (That's right, don't forget to keep your screens off on Monday, unless you just want to get in a little extra chart studying.) Speaking of which, here are the five top stocks to trades for when the markets reopen Tuesday: Deere (DE) Click to Enlarge Shares of Deere (NYSE:DE) came under slight pressure Friday, falling just 2.1% despite missing on earnings expectations and beating on revenue estimates. With shares hovering right near $165 resistance, Deere would've needed a strong quarter to launch its stock into breakout mode.Now pulling back, we have to see where support comes into play. Short of Friday marking the short-term low, a test of the 50-day seems likely.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf we get a broader market correction -- and perhaps some trade-war worries -- we could get DE stock down into this $145 to $148 area. That puts uptrend support, and the 200-day moving average, into play. * 7 Financial Stocks With Accelerating Growth That would give investors a low-risk long opportunity should they find DE attractive. Nvidia (NVDA) Click to Enlarge Shares of Nvidia (NASDAQ:NVDA) were up big in after-hours trading Thursday evening. The company's earnings results and guidance gave bulls confidence, running shares up over $170. That was a key level in the stock though -- and one we outlined earlier this week.With shares up just over 2% now, confidence isn't all that high and the move isn't all that impressive as NVDA fades off its highs. Bulls want to see to the stock stay over the 21-day moving average now. Below and the 50-day is on the table and possibly a test of uptrend support down below $140.If the 21-day holds, a run up to $174 is possible. Above that and $200 becomes a possibility again. Canopy Growth (CGC) Click to EnlargeLike Nvidia, the modest post-earnings rally in Canopy Growth (NYSE:CGC) isn't exactly inspiring the bullish spirits on Wall Street. Shares continue to hold up over this $45 to $46 level, as well as uptrend support and the 21-day moving average.So long as that's the case, CGC can technically move higher. If it closes above $50, it could trigger a move up to the prior highs near $60. Below the 21-day moving average, though, and Canopy Growth stock may need some time to reset. Applied Materials (AMAT) Click to EnlargeA rally from sub-$30 to more than $40 per share right into the 200-day moving average put bulls in a poor risk-reward situation with Applied Materials (NASDAQ:AMAT). Particularly with the company reporting earnings.Despite a top and bottom line beat, AMAT stock pulled back after somewhat disappointing guidance. That said, shares are bouncing nicely off the 21-day moving average. Considering the run-up prior to earnings, this price action isn't all that bad.Aggressive bulls can buy now and use a close below the 21-day as their stop. Conservative bulls can buy on a potential breakout over the 200-day moving average.Bears have a play too. If they didn't like the quarter and don't like the stock, they can consider shorting AMAT with a stop-loss on a close over the 200-day. More conservative bears can wait for a break of the 21-day.If they get it, they can look to ride AMAT down to the 50-day moving average. Newell (NWL) and XPO Logistics (XPO) Click to Enlarge Newell Brands (NYSE:NWL) (top) beat on earnings but missed on revenue estimates for the fourth quarter. Making matters worse, guidance disappointed.In all, the report sent shares reeling, down more than 20% Friday. As such, NWL stock remains a no-touch. Its plunge below $18 thrusts it into no man's land and puts the $15 lows on the table.This one remains a disaster, just like XPO Logistics (NYSE:XPO), below.A top and bottom line earnings miss sent XPO spiraling lower Friday, falling more than 12%.While XPO is rallying off the lows, it's in no man's land, too. Like Newell, its 52-week lows are on the table of possibilities, and it's hard to have much trust in this name until it can get above its 21- and 50-day moving averages.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post 6 Top Stocks to Trade Tuesday, Including Canopy Growth appeared first on InvestorPlace.
TECHTRADERDAILY BLOG (AMAT) (ticker: AMAT) stock is falling after the company gave a worse-than-expected forecast for the current quarter. On Thursday, the chip equipment maker reported revenue slightly ahead of Wall Street expectations, but gave a sales forecast range about 5% below the consensus for the April quarter.
Applied Materials, Inc. (NASDAQ: AMAT ) reported Thursday after the market close with forecast-beating fiscal first-quarter results and weak Q2 guidance. The Analysts Morgan Stanley analyst Joseph Moore ...
Stocks that are cheaper aren't necessarily cheap. Sometimes, oversold stocks aren't necessarily the best stocks to buy. Sometimes, fallen angel stocks have fallen for good reason.But in the broad market selloff in the fourth quarter, it does look like investors dumped some good names. Housing and construction stocks, for instance, seem to be pricing in a recession. Semiconductor stocks have plunged, with investors reverting from pricing in secular growth to believing the sector is the same old cyclical story. In both cases--and in many other stocks' cases--investors have sold first, and asked questions later.These 5 oversold stocks are among that group. And all five are among the best stocks to buy right now, particularly for investors who believe the market has more upside coming in 2019. Each stock is down at least 30% over the past year. And each of these fallen angels has a path to recover those losses--and perhaps reach new highs. SEE ALSO FROM KIPLINGER: 18 Dividend Aristocrats That Have Gone on Deep Discount
Applied Materials (AMAT) delivers strong fiscal first-quarter results on the back of new technologies and innovation strategy.
fell Friday after the semiconductor maker reported earnings that beat forecasts but still reflected reduced global demand for semiconductors as it forecast lower sales in its second quarter. On an adjusted basis, which includes various acquisition- and tax-related expenses, the company said it earned 81 cents a share, down from $1.06 a share in the same period last year.
Nvidia, CBS, Deere, PepsiCo, Caesars Entertainment, Applied Materials, Newell Brands, Oracle, FedEx, Redfin are among Friday’s stocks to watch.
Applied Materials' Q2 Guidance Signals Semiconductor WeaknessApplied Materials stock falls on weak guidance As we approach the end of the earnings season, we can see the widespread impact of the US-China trade war on the semiconductor industry. On
The S&P; 500 rose 19 points, or 0.71%, as of 9:30 AM ET (14:30 GMT), while the Dow gained 125 points, or 0.49%, and the tech-heavy Nasdaq Composite increased 41 points, or 0.56%.
Applied Materials earnings (NASDAQ:AMAT) were released late in the day on Thursday and the company posted results that came in ahead of what Wall Street was calling for, but an underwhelming forecast for its current quarter sent AMAT stock down after hours.The Santa Clara, Ca.-based tech company said that for its first quarter of its fiscal 2019, it amassed net income of $771 million, or 80 cents per share. On an adjusted basis, it brought in earnings of 81 cents per share, marking a 23.6% decline from the $1.06 per share from the same quarter in its fiscal 2018.Applied Material's adjusted earnings were ahead of the Wall Street consensus guidance of 79 cents per share. The company added that its revenue for the period tallied up to $3.75 billion, marking a 10.7% decline when compared to its first quarter of 2018. The figure did beat analysts' expectations of $3.71 billion in sales.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, the company said that it sees its second-quarter adjusted earnings at just 62 cents to 70 cents per share, below the 76 cents per share that Wall Street calls for, according to FactSet. Applied Material also projects revenue of $3.33 billion to $3.63 billion for the period, below the $3.66 billion that FactSet is guiding in its survey of analysts.AMAT stock fell about 1.5% after the bell on its weak second-quarter guidance Thursday. Shares had been sliding 0.3% during regular trading hours ahead of its report. More From InvestorPlace * 10 Best Dividend Stocks to Buy for the Next 10 Months * 9 U.S. Stocks That Are Coming to Life Again * Buy These 5 Stocks to Play the Megatrend of the Century Compare Brokers The post Applied Materials Earnings: AMAT Stock Dips on Weak Q2 Guidance appeared first on InvestorPlace.
Applied Materials said it expects current-quarter adjusted earnings between 62 and 70 cents per share and net sales in a range of $3.33 billion to $3.63 billion. Both Apple Inc and Samsung Electronics Co Ltd have been hit by the U.S.-China trade dispute and a slowing Chinese economy. "In the past quarter, there's been more negative than positive news with the whole industry facing challenges," Chief Executive Officer Gary Dickerson said on a post-earnings call.
Yahoo Finance’s Alexis Christoforous and Scott Gamm break down the latest earnings results from Nvidia, Pepsi, Deere & Applied Materials.