|Bid||80.51 x 2900|
|Ask||80.50 x 900|
|Day's range||77.13 - 80.57|
|52-week range||36.64 - 80.57|
|Beta (5Y monthly)||1.28|
|PE ratio (TTM)||20.54|
|Earnings date||10 Feb 2021 - 15 Feb 2021|
|Forward dividend & yield||0.88 (1.15%)|
|Ex-dividend date||18 Nov 2020|
|1y target est||82.24|
The growing demand for computer chips across various industries is turning out to be a massive tailwind for semiconductor equipment manufacturer Applied Materials (NASDAQ: AMAT), helping the company post terrific results quarter after quarter. The advent of 5G wireless networks, the Internet of Things (IoT), and artificial intelligence (AI) are big catalysts that Applied Materials is heavily involved in. Let's take a closer look at what's working for Applied Materials, and why it remains a buy despite an impressive rally over the past few months.
Applied Materials (AMAT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.