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Assessing Applied Materials (AMAT) After A 108% One Year Share Price Surge

Assessing Applied Materials (AMAT) After A 108% One Year Share Price Surge

  • If you are wondering whether Applied Materials’ share price still reflects good value after its strong run, it helps to step back and look at what the current market price might be implying about the business.
  • The stock last closed at US$354.91, with returns of 7.9% over 7 days, 8.5% over 30 days, 32.0% year to date, and 108.4% over the past year, which naturally raises questions about how much of the story is already priced in and how risk is being perceived.
  • Recent attention around Applied Materials has largely centered on its role as a key supplier to the semiconductor industry and how investor interest in chip related themes is feeding through to equipment makers. That backdrop is important context when thinking about whether the…

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