The Risk We Identified for Applied Materials Has Been Realized, Now What?

We continue to favor the long-term picture, and here is where we may add more shares.

Photo by Igor Shalyminov on Unsplash

Let’s follow up on our initial comments about Applied Materials (AMAT) and corresponding pullback in the shares on Friday morning.

As we suspected could happen, despite posting a top- and bottom-line July quarter beat and offering guidance that was ahead of the market consensus,…

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