Is Applied Materials Stock Outperforming the S&P 500?

Santa Clara, California-based Applied Materials, Inc. (AMAT) provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. Valued at $299.9 billion by market cap, the company’s customers include semiconductor wafer and integrated circuit manufacturers, flat panel liquid crystal displays, solar photovoltaic cells and modules, and other electronic devices manufacturers. Companies worth $200 billion or more are generally described as “mega-cap stocks,” and A ...