5 Most Volatile Stocks To Buy Now

Page 1 of 5

In this article, we discuss the 5 most volatile stocks to buy now. If you want to read our detailed analysis of these stocks, go directly to the 15 Most Volatile Stocks To Buy Now.

5. Applied Materials, Inc. (NASDAQ: AMAT)

Number of Hedge Fund Holders: 78

Applied Materials, Inc. (NASDAQ: AMAT) is a company that makes and sells semiconductors. It is based in California and is placed fifth on our list of 15 most volatile stocks to buy now.  On May 20, the firm posted earnings for the second fiscal quarter, reporting earnings per share of $1.63, beating market estimates by $0.12. The revenue over the period was close to $5.6 billion, up 40% year-on-year and beating estimates by $160 million. On June 10, the firm declared a quarterly dividend of $0.24 per share. 

On May 21, investment advisory JPMorgan maintained an Overweight rating on Applied Materials, Inc. (NASDAQ: AMAT) stock and raised the price target to $160 from $146, noting the earnings beat of the firm and strong margins moving forward. 

Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Generation Investment Management is a leading shareholder in the firm with 4.4 million shares worth more than $590 million. 

Page 1 of 5