Is AMAT a good stock to buy? We came across a bullish thesis on Applied Materials, Inc. on Astute Optics – US’s Substack. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc.’s share was trading at $530.27 as of October 6th 2026. AMAT’s trailing and forward P/E were 36.01 and 23.42 respectively according to Yahoo Finance.
This isn’t the first time we see a semiconductor equipment supplier pitched as a great investment. AMAT shares gained 156.32% of...


