Applied Materials, Inc. (AMAT): A Bull Case Theory

We came across a bullish thesis on Applied Materials, Inc. (AMAT) on Substack by Long-Term Pick. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc. (AMAT)’s share was trading at $158.07 as of Feb 28th. AMAT’s trailing and forward P/E were 20.66 and 17.01 respectively according to Yahoo Finance.

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An aerial view of a modern fabrication center with equipment for producing semiconductor components.

Applied Materials (AMAT) continues to dominate the wafer...