Applied Materials, Inc. (AMAT) in Focus: Stock Moves 5.4% Higher – Tale of the Tape

Zacks

Applied Materials, Inc. (AMAT) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained roughly 13% since Jan 27.

This semiconductor equipment & materials company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Applied Materials currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include AAC Technologies Holdings Inc. (AACAY), Advanced Energy Industries, Inc. (AEIS) and KLA-Tencor Corporation (KLAC). While AAC Technologies Holdings holds a Zacks Rank #1 (Strong Buy), Advanced Energy Industries and KLA-Tencor Corporation carry a Zacks Rank #2 (Buy).

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