The Applied Materials logo appears on a smartphone screen in this illustration photo in Reno, United States, on December 17, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)NurPhoto via Getty ImagesApplied Materials (AMAT) stock could be an appealing purchase at this time. Why? Because it offers high margins – indicative of its pricing power and capacity for cash generation – at a discounted price. Companies like this tend to produce consistent, predictable profits and cash flows, which help mitigate ...