History Says Applied Materials Stock Slated To Soar

Despite holding on tight to its 10% gain for 2025, pressure sits sharply overhead at the $180 level for shares of semiconductor name Applied Materials (AMAT). Also keeping gains in check have been both the 20- and 200-day moving averages, the latter thwarting a breakout attempt and ending a six-day win streak on Jan. 22. This overhead resistance may be preceding a correction, however, as AMAT has landed on Senior Quantitative Analyst Rocky White’s list of the 25 best stocks to own in February.Specifically, ...