What Makes Applied Materials (AMAT) a Strong Investment Option?

Generation Investment Management, an investment management firm, released its “Global Equity Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter of 2023, portfolio revenues increased by 10% YoY. In a challenging environment, the median company in the portfolio had a modest operating income growth. This has increased already strong conviction in the portfolio. The companies are well-managed and of high quality. In addition, you...