Is Applied Materials Stock a Buy Now?
Applied Materials(AMAT) The Motley Fool·2024-12-14 10:10
The semiconductor equipment leader's business is heating up again.Applied Materials (AMAT 0.16%), one of the world's largest suppliers of semiconductor manufacturing equipment, has been a great long-term investment. Over the past 10 years, its stock rallied more than 600% and generated a total return of over 700%. The S&P 500 generated a total return of 260% during the same decade.Applied Materials is a linchpin of the expanding semiconductor sector. Its growth is cyclical, but its revenue still rose at a c ...