AMAT Gains 46.9% in a Year: Should You Buy, Sell or Hold the Stock?

Applied Materials’ (AMAT) shares have rallied 46.9% in the past year, outperforming the Zacks Semiconductor Equipment-Wafer Fabrication industry’s return of 42.9%, the broader technology sector’s rise of 40.3% and the S&P 500 index’s growth of 33.7%.The company is gaining from tectonics shifts in technology, including Artificial Intelligence (AI), Generative AI, the Internet of Things (IoT), autonomous and electric vehicles, and clean energy, which have been shaping the growth trajectory of the semiconducto ...