Here I can show you why buying AMAT is a great opportunity right now.
Below is a short company profile. The company is in the sector of technology and the industry - Semiconductor Equipment & Materials, which is one of the most profitable sectors for the pat year.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops,
Industry: Semiconductor Equipment & Materials
Full Time Employees: 15,600
Looking at the fundamental, the Petrovsky F-score on yearly and quarterly base is 8 and we are losing point only on the liability as it is negative both on quarterly and yearly base. The return of investment, cash flow form operations, the leverage are positive. Comparing the data from the previous year to the current one and the previous quarter with the current one there is a growth as well.
Calculation the F-score from the Petrvsky work we are getting a core of 8 on both the yearly and quarterly data. Which shows us a strong growth and a really good potential to continue growing.
We are seeing the longer trend bullish, but currently the shorter trend is neutral or you can say even bearish. The price is still above the 50 and 200 MA, but last week it tested two times the 50 MA and at Friday it stopped only 010 cents above it The bearish movement was caused by the fear of hurricane Irma and the possible war with North Korea. Checking on the daily chart the ATR is over 1 and the price is over the Ichimoku closud, which shows us that the bearish trend could not last long.
If you are a long term trader, you can buy it now, while the price is low due to the geopolitical factors, but if you a short term trader I would suggest you to hold for now and wait the price to reach above 45$. Currently the price is really close to the 52 weeks high of 47$, which was tested two times already and if it cross that resistance it will be a great trading opportunity.