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Applied Materials, Inc. (AMAT) [hlAlert]

Rating:
Neutral AMAT

Applied Materials, Inc. (AMAT) downgraded to Neutral by AmTech Research

Posted on: Tuesday,  Jan 8, 2008  9:25 AM ET by AmTech Research

AmTech Research rated Neutral Applied Materials, Inc. (NASDAQ: AMAT) on 01/08/2008. Previously AmTech Research rated Buy Applied
Materials, Inc. (NASDAQ: AMAT) on 11/15/2007., when the stock price was $18.48. Since then, Applied Materials, Inc. has lost 11.63% of its value until AmTech Research rated AMAT Buy on 01/08/2008, when the price was $16.33. .

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.

Our focus is to generate profitable ideas through pure fundamental research. Our performance will be measured on the success of our recommendations at making money and saving money for our clients. Our objective is to be helpful during the investment process.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2008 10:25 AM Buy
None
12.32
as of 12/24/2008
1 Week down  -1.84 %
1 Month up  10.16 %
3 Months up  42.36 %
1 YTD up  15.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2008 9:25 AM Hold
None
16.33
11/15/2007 9:25 AM Buy
None
18.48 24.00

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