$13.07
0.07 (+0.54%)
Applied Materials, Inc. (AMAT)
CAPS Rating:
The Company develops, manufactures, markets and services fabrication equipment for the worldwide semiconductor and semiconductor-related industries.
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It's tough to say if Applied Materials is as beaten down as it can be. It is my opinion that they tend to trend along with broader conditions. What is interesting here is that the oil price drop and what it has done to their solar aspirations is probably priced into the stock. They could get an Obama bounce as well as a lift from the tech rally (if there is going to be a tech rally).