Applied Materials | AMAT | Long at $169.75

149
Republican Ashley Moody recently dropped $200k-$500k on Applied Materials $NASDAQ:AMAT. The semiconductor boom may not be over...

Price-to-earnings: 21.68x (great in comparison to others...)
Debt-to-equity: 0.34x (low)
Cash flow: $10.4 billion (FY2024)
Insiders awarded options recently

Unless NVDA brings the market down, AMAT is in a personal buy zone at $169.75. While the price may dip in the near-term to the $140s, bullish until the semi boom dies...

Targets:
  1. $195.00
  2. $215.00
  3. $240.00

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