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Enter Symbol:
 
Applied Materials, Inc. (AMAT) [hlAlert]

Rating:
Buy AMAT
up 48.97 %

Applied Materials, Inc. (AMAT) rated Buy with price target $24 by Argus

Posted on: Monday,  Aug 17, 2015  4:25 PM ET by Argus

Argus rated Buy Applied Materials, Inc. (NASDAQ: AMAT) on 08/17/2015. Previously Argus rated Buy Applied Materials, Inc. (NASDAQ: AMAT) on 11/11/2008.,
when the stock price was $10.70. Since then, Applied Materials, Inc. has gained 48.97% as of 09/25/2015's recent price of $15.94.
If you would have followed the previous Argus's recommendation on AMAT, you would have gained 48.97% of your investment in 2509 days.

Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products includesemiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2015 4:25 PM Buy
None
17.03 24.00
as of 8/27/2015
1 Week down  -6.12 %
1 Month down  -20.14 %
3 Months down  -19.73 %
1 YTD down  -9.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2014 12:00 AM Buy
None
22.89 28.00
9/25/2013 2:25 PM Buy
None
17.86 22.00
3/2/2011 4:25 PM Buy
None
16.49 22.00
11/11/2008 9:25 AM Buy
None
10.70 18.00

(*) Stock Price at the time of the recommendation.
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