Applied Materials (AMAT) has been attracting a great deal of attention recently. Following a dark phase, chip equipment giant AMAT has resurged with notable performance, gaining positive ratings from financial firms including Citi who increased their price target and Goldman Sachs who initiated coverage with a buy rating. Despite market slips and due to anticipation of 40% DRAM revenue growth by 2025, as predicted by Mizuho, its stock continues to rise. Jim Cramer even goes on to state AMAT is about to have a Renaissance. However, concerns have emerged regarding a drop in China sales and slight sales miss. Furthermore, Morgan Stanley and Rothschild & Co Redburn downgraded their stock rating to neutral. Regardless of these downgrades, multiple companies, including Morgan Stanley, still maintain AMAT as a solid buy. Its recent performance has displayed a 216% return over the past five years, showcasing its reliability in delivering impressive capital returns. The article also mentions promising future prospects including positive predictions of leading-edge chip demand and investment in BE semiconductor industries.
Applied Materials AMAT News Analytics from Wed, 12 Feb 2025 08:00:00 GMT to Sat, 19 Jul 2025 13:22:21 GMT - Rating 6 - Innovation 3 - Information 8 - Rumor 1
