Applied Materials (AMAT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this maker of chipmaking equipment is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earni ...

Share prices of Applied Materials (AMAT 0.72%) have already rocketed 73% over the last 12 months, and yet analysts at Bernstein still see another 19% upside potential in the next 12 months. Earlier this week, the wealth management firm maintained its outperform (buy) rating while raising the price target from $230 to $240. The stock currently trades at around $202 a share. Why is Applied Materials' stock up?Applied Materials is a leading supplier of equipment used to make silicon wafers for the chip industr ...

Key TakeawaysApplied Materials Inc. announced Monday it was raising its quarterly dividend 25%, to 40 cents from 32 cents a share.Applied Materials finance chief Brice Hill said the semiconductor equipment maker is confident its continued growth will provide enough profit to cover the dividend increase.Shares of Applied Materials, which hit an all-time high Thursday, slipped about 2% in Monday afternoon trading but are still up about 80% over the past year. Applied Materials Inc. (AMAT) on Monday boosted it ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Applied Materials (AMAT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Applied Materials curren ...

Applied Materials Inc (NASDAQ: AMAT) is slightly down in premarket on Monday even though it just raised its quarterly dividend to 40 cents per share.Applies Materials lifts dividend up by 25%Copy link to sectionThe new cash dividend represents a 25% increase on a year-over-year basis. Brice Hill – the chief of finance at $AMAT said in a press release today: Our latest dividend increase reflects our confidence in Applied Materials’ ability to generate profitable growth and strong free cash flow.The news arri ...

SANTA CLARA, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a 25-percent increase in the quarterly cash dividend from $0.32 to $0.40 per share. The dividend is payable on June 13, 2024 to shareholders of record as of May 23, 2024. "Our latest dividend increase reflects our confidence in Applied Materials' ability to generate profitable growth and strong free cash flow," said Brice Hill, Senior Vice President and CFO. "We believe Ap ...

Sundry PhotographyWe just added Applied Materials (NASDAQ:AMAT) to our Robo24MP Model Portfolio because it has our proprietary SID Buy Signal which is required to get into this portfolio. With this Robo portfolio we delete stocks when they lose our SID Buy Signal and replace them with stocks that have a strong SID Buy Signal. This is a momentum portfolio with high turnover. We use the Seeking Alpha analysts and SA Quant ratings to do our due diligence. The consensus SA analyst rating is a Hold. The most ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Applied Materials (AMAT) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Applied Materials is a member of our Computer and Technology group, which includes 622 different companies and currently sits at #6 in the Zacks ...

The semiconductor industry is flourishing, making investors eager to discover the top semiconductor stocks to buy. Semiconductor stocks provide a unique potential to generate outsize returns, given the importance of advanced semiconductor chips. They are needed to power data centers, renewable energy, gaming, smartphones and advanced artificial intelligence applications. These companies are at the heart of modern technology, pushing the boundaries to design, manufacture and supply advanced semiconductor chi ...

Applied Materials, Inc. (NASDAQ:AMAT) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 11:00 AM ET Company Participants Brice Hill - CFO Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore Great, good morning everybody. Usually when I have done the first session, they give me a script of things I am supposed to say and I don't have that script. So, welcome to the Morgan Stanley TMT Conference. And I'm sure we'll have something smarter to say there. So just quickly on t ...