Applied Materials Plunges 21% in Six Months: How to Play the Stock?

Applied Materials, Inc. (AMAT) , a leader in semiconductor manufacturing equipment, has experienced a 20.8% decline in its share price over the past six months. This decline contrasts sharply with the Zacks Electronics – Semiconductors industry, the Zacks Computer and Technology sector and the S&P 500, which have risen 3.4%, 8.4% and 12.1%, respectively.While such a drop may tempt investors to consider buying the dip, a closer look reveals a mixed picture that supports holding the stock for now rather than ...