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

We came across a bullish thesis on Applied Materials, Inc. on Uncle Stock Notes’s Substack. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc.'s share was trading at $341.34 as of January 29th. AMAT’s trailing and forward P/E were 38.89 and 34.97 respectively according to Yahoo Finance.

Applied Materials, Inc. engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. AMAT has delivered a remarkably resilient performance amid a challenging semiconductor environment,...