Short interest for Applied Mat gives investors a sense of the degree to which investors are betting on the decline of Applied Mat's stock. Short interest data is updated every two weeks.

Applied Mat Stock (NASDAQ:AMAT), Short Interest Report

Applied Mat

Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.

Applied Materials

News

Penny Stocks

Markets

Tech

Trading Ideas

AMAT

QBTS

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Applied Materials (NASDAQ: AMAT) one of those stocks right now?

Is Applied Materials Outperforming Other Computer and Technology Stocks This Year?

Senator Tommy Tuberville

Government

Options

Politics

AAPL

ADBE

HUMA

PARA

PARAA

QCOM

SSBK

Tommy Tuberville is one of the most active traders as a member of Congress. Here&#39;s a look at what he recently bought and sold.

Tommy Tuberville Trades Raise Eyebrows Again: Senator Sells Put Options, Buys Small Biotech Linked To Ukraine-Russia War

Small Cap

DELL

GOOG

GOOGL

PTON

Alphabet&#39;s (NASDAQ: GOOG) Google recently enhanced YouTube&#39;s user interface (UI) for Android TV with an animated comment count feature in the info pill section.


Alphabet Boosts YouTube Efforts With Android TV Feature

Applied Materials Inc

Amata Corp PCL

<p>Deep-pocketed investors have adopted a bullish approach towards Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AMAT usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Applied Mat. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 50% leaning bullish and 33% bearish. Among these notable options, 10 are puts, totaling $561,318, and 8 are calls, amounting to $286,378.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $210.0 for Applied Mat over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Applied Mat's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Applied Mat's whale activity within a strike price range from $70.0 to $210.0 in the last 30 days. </p>
<h3>Applied Mat Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714761067_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$32.5</td>
<td>$30.05</td>
<td>$31.19</td>
<td>$200.00</td>
<td>$155.9K</td>
<td style="text-align: right;">156</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$36.0</td>
<td>$35.75</td>
<td>$36.0</td>
<td>$210.00</td>
<td>$68.4K</td>
<td style="text-align: right;">23</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.9</td>
<td>$25.55</td>
<td>$25.55</td>
<td>$210.00</td>
<td>$63.8K</td>
<td style="text-align: right;">130</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$56.6</td>
<td>$55.8</td>
<td>$56.6</td>
<td>$150.00</td>
<td>$56.6K</td>
<td style="text-align: right;">74</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$14.8</td>
<td>$14.65</td>
<td>$14.8</td>
<td>$195.00</td>
<td>$53.2K</td>
<td style="text-align: right;">80</td>
<td style="text-align: right;">363</td>
</tr>
</tbody>
</table>
</p>
<h3>About Applied Mat</h3>
<p>Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.</p>
<h3>Applied Mat's Current Market Status</h3>
<ul>
<li>With a volume of 1,720,017, the price of AMAT is up 3.32% at $204.49. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 13 days.</li>
</ul>
<h3>What The Experts Say On Applied Mat</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $260.0.</p>
<ul>
<li>An analyst from Evercore ISI Group downgraded its action to Outperform with a price target of $260. </li>
<li>Showing optimism, an analyst from Cantor Fitzgerald upgrades its rating to Overweight with a revised price target of $260. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Applied Mat with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Applied Mat's Options: A Look at What the Big Money is Thinking

WIIM

ASML

AVGO

ENTG

KLAC

LRCX

MRVL

NVDA

SWKS

Shares of semiconductor and chip stocks are trading higher amid overall market strength. Recent strong earnings from Qualcomm have lifted the sector while strength in Apple may be boosting tech sentiment.

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Applied Mat</strong>.</p>
<p>Looking at options history for Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) we detected 15 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 46% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $143,445 and 12, calls, for a total amount of $587,216.</p>
<h3>Projected Price Targets</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $145.0 and $220.0 for Applied Mat, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Applied Mat's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Applied Mat's whale activity within a strike price range from $145.0 to $220.0 in the last 30 days. </p>
<h3>Applied Mat Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714594567_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$11.95</td>
<td>$11.85</td>
<td>$11.85</td>
<td>$195.00</td>
<td>$152.8K</td>
<td>1.1K</td>
<td style="text-align: right;">132</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$9.65</td>
<td>$9.5</td>
<td>$9.5</td>
<td>$190.00</td>
<td>$76.9K</td>
<td>812</td>
<td style="text-align: right;">128</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$9.4</td>
<td>$9.3</td>
<td>$9.3</td>
<td>$200.00</td>
<td>$76.2K</td>
<td>1.8K</td>
<td style="text-align: right;">163</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$73.2</td>
<td>$71.15</td>
<td>$73.2</td>
<td>$150.00</td>
<td>$65.8K</td>
<td>141</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$4.2</td>
<td>$4.15</td>
<td>$4.2</td>
<td>$220.00</td>
<td>$49.9K</td>
<td>1.4K</td>
<td style="text-align: right;">150</td>
</tr>
</tbody>
</table>
</p>
<h3>About Applied Mat</h3>
<p>Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.</p>
<p>Following our analysis of the options activities associated with Applied Mat, we pivot to a closer look at the company's own performance.</p>
<h3>Applied Mat's Current Market Status</h3>
<ul>
<li>With a trading volume of 5,505,589, the price of AMAT is down by -2.35%, reaching $193.99.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 15 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Applied Mat</h3>
<p>2 market experts have recently issued ratings for this stock, with a consensus target price of $260.0.</p>
<ul>
<li>An analyst from Cantor Fitzgerald has elevated its stance to Overweight, setting a new price target at $260. </li>
<li>An analyst from Evercore ISI Group has revised its rating downward to Outperform, adjusting the price target to $260. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Applied Mat options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


ALAB

AMKR

MCHP

MOBX

NXPI

QRVO

Shares of semiconductor stocks are trading lower in sympathy with AMD and Supermicro, which fell after reporting quarterly earnings. Additionally, Skyworks issued Q3 revenue guidance with a midpoint below estimates.

Shares of semiconductor stocks are trading lower in sympathy with AMD and Supermicro, which fell after reporting quarterly earnings.

<p>Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) has outperformed the market over the past 5 years by 24.28% on an annualized basis producing an average annual return of 35.93%. Currently, Applied Mat has a market capitalization of $169.47 billion. </p>
<p><strong>Buying $1000 In AMAT:</strong> If an investor had bought $1000 of AMAT stock 5 years ago, it would be worth <strong>$4,668.19</strong> today based on a price of $203.96 for AMAT at the time of writing.</p>
<h3>Applied Mat's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714408215_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In Applied Mat 5 Years Ago Would Be Worth Today

<p>For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is <strong>Applied Materials</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amat#NASDAQ">AMAT</a>) one of those stocks right now? A quick glance at the company&#39;s year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.</p>
<p>Applied Materials is a member of the Computer and Technology sector. This group includes 618 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.</p>
<p>The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Applied Materials is currently sporting a Zacks Rank of #2 (Buy).</p>
<p>The Zacks Consensus Estimate for AMAT&#39;s full-year earnings has moved 5.7% higher within the past quarter. This signals that analyst sentiment is improving and the stock&#39;s earnings outlook is more positive.</p>
<p>According to our latest data, AMAT has moved about 21.9% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 7.3% on a year-to-date basis. As we can see, Applied Materials is performing better than its sector in the calendar year.</p>
<p>One other Computer and Technology stock that has outperformed the sector so far this year is <strong>D-Wave Quantum Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qbts#NYSE">QBTS</a>). The stock is up 68.2% year-to-date.</p>
<p>Over the past three months, D-Wave Quantum Inc.&#39;s consensus EPS estimate for the current year has increased 35.7%. The stock currently has a Zacks Rank #2 (Buy).</p>
<p>Looking more specifically, Applied Materials belongs to the Semiconductor Equipment - Wafer Fabrication industry, a group that includes 4 individual stocks and currently sits at #93 in the Zacks Industry Rank. On average, this group has gained an average of 19.3% so far this year, meaning that AMAT is performing better in terms of year-to-date returns.</p>
<p>D-Wave Quantum Inc. however, belongs to the Internet - Software industry. Currently, this 139-stock industry is ranked #62. The industry has moved +8.4% so far this year.</p>
<p>Applied Materials and D-Wave Quantum Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.</p>
<p><a href="https://www.zacks.com/stock/news/2263248/is-applied-materials-amat-outperforming-other-computer-and-technology-stocks-this-year?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_1-2263248">To read this article on Zacks.com click here.</a></p>


Shares of semiconductor stocks are trading higher following strong earnings from Microsoft, which could be lifting AI optimism.

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Applied Mat</strong>.</p>
<p>Looking at options history for Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) we detected 12 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish.</p>
<p>From the overall spotted trades, 4 are puts, for a total amount of $184,862 and 8, calls, for a total amount of $453,391.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $140.0 to $225.0 for Applied Mat over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Applied Mat's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Applied Mat's significant trades, within a strike price range of $140.0 to $225.0, over the past month.</p>
<h3>Applied Mat Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713983545_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$13.95</td>
<td>$13.85</td>
<td>$13.85</td>
<td>$195.00</td>
<td>$99.7K</td>
<td>920</td>
<td style="text-align: right;">236</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$16.5</td>
<td>$16.4</td>
<td>$16.4</td>
<td>$195.00</td>
<td>$85.2K</td>
<td>246</td>
<td style="text-align: right;">106</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$44.8</td>
<td>$44.75</td>
<td>$44.8</td>
<td>$165.00</td>
<td>$62.7K</td>
<td>1.2K</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$11.6</td>
<td>$11.55</td>
<td>$11.55</td>
<td>$195.00</td>
<td>$60.0K</td>
<td>663</td>
<td style="text-align: right;">90</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$11.55</td>
<td>$11.55</td>
<td>$11.55</td>
<td>$190.00</td>
<td>$57.7K</td>
<td>1.2K</td>
<td style="text-align: right;">92</td>
</tr>
</tbody>
</table>
</p>
<h3>About Applied Mat</h3>
<p>Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.</p>
<p>Following our analysis of the options activities associated with Applied Mat, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Applied Mat Standing Right Now?</h3>
<ul>
<li>With a volume of 2,337,457, the price of AMAT is up 2.46% at $198.0. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 22 days.</li>
</ul>
<h3>What The Experts Say On Applied Mat</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $260.0.</p>
<ul>
<li>An analyst from Cantor Fitzgerald has elevated its stance to Overweight, setting a new price target at $260. </li>
<li>An analyst from Evercore ISI Group has revised its rating downward to Outperform, adjusting the price target to $260. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Applied Mat options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Applied Mat Options Trading: A Deep Dive into Market Sentiment

LSCC

WOLF

Shares of semiconductor stocks are trading higher in sympathy with Texas Instruments, which reported better-than-expected Q1 financial results.

<p>Financial giants have made a conspicuous bearish move on Applied Mat. Our analysis of options history for Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) revealed 18 unusual trades.</p>
<p>Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $886,810, and 11 were calls, valued at $595,132.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $150.0 to $210.0 for Applied Mat over the recent three months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Applied Mat's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Applied Mat's substantial trades, within a strike price spectrum from $150.0 to $210.0 over the preceding 30 days.</p>
<h3>Applied Mat Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713546129_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$10.9</td>
<td>$10.7</td>
<td>$10.75</td>
<td>$175.00</td>
<td>$290.2K</td>
<td style="text-align: right;">22</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/10/24</td>
<td>$20.2</td>
<td>$19.95</td>
<td>$20.18</td>
<td>$210.00</td>
<td>$270.4K</td>
<td style="text-align: right;">164</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$43.2</td>
<td>$42.9</td>
<td>$42.9</td>
<td>$150.00</td>
<td>$214.5K</td>
<td style="text-align: right;">590</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>AMAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/24/24</td>
<td>$5.55</td>
<td>$5.45</td>
<td>$5.5</td>
<td>$180.00</td>
<td>$116.4K</td>
<td style="text-align: right;">33</td>
<td style="text-align: right;">212</td>
</tr>
<tr>
<td>AMAT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/26/24</td>
<td>$2.5</td>
<td>$2.49</td>
<td>$2.5</td>
<td>$195.00</td>
<td>$75.0K</td>
<td style="text-align: right;">106</td>
<td style="text-align: right;">336</td>
</tr>
</tbody>
</table>
</p>
<h3>About Applied Mat</h3>
<p>Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.</p>
<h3>Applied Mat's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,370,776, the price of AMAT is down by -1.96%, reaching $190.51.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 27 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Applied Mat</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $260.0.</p>
<ul>
<li>An analyst from Evercore ISI Group downgraded its action to Outperform with a price target of $260. </li>
<li>Showing optimism, an analyst from Cantor Fitzgerald upgrades its rating to Overweight with a revised price target of $260. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Applied Mat with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Applied Mat Unusual Options Activity

ACMR

Shares of semiconductor stocks are trading lower. The sector has been under pressure this week following earnings from ASML and TSMC. Stocks have been mixed Friday amid overall market uncertainty on Iran-Israel tensions. Weakness in Super Micro could also be weighing.

Shares of semiconductor stocks are trading lower following recent earnings from ASML and TSMC.

<p>Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) has outperformed the market over the past 15 years by 8.3% on an annualized basis producing an average annual return of 20.75%. Currently, Applied Mat has a market capitalization of $164.48 billion. </p>
<p><strong>Buying $100 In AMAT:</strong> If an investor had bought $100 of AMAT stock 15 years ago, it would be worth <strong>$1,728.82</strong> today based on a price of $197.95 for AMAT at the time of writing.</p>
<h3>Applied Mat's Performance Over Last 15 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713454244_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much You Would Have Made Owning Applied Mat Stock In The Last 15 Years

<p>U.S. Sen. <strong>Tommy Tuberville</strong>&#8216;s latest regulatory filing shows the sale of put options for <strong>Adobe Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>),<strong> Qualcomm Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) and <strong>Applied Materials Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>).</p>
<p>The trading activity of stocks and options by members of Congress continues to draw increased scrutiny, with potential conflicts of interest related to Congressional committees and the <a href="https://www.benzinga.com/topic/congress-trading">timing of trades made.</a></p>
<p>The <strong>Adobe options</strong> are for a strike price of $500 and expiration date of Dec. 20, 2024. The filing indicates that four separate trades valued at $1,000 to $15,000 of Adobe options were made, <a href="https://www.quiverquant.com/congresstrading/politician/Tommy%20Tuberville-T000278">according </a>to Quiver Quant.</p>
<p>The <strong>Qualcomm options</strong> are for a strike price of $155 with an expiration date of Dec. 20, 2024. The transaction value of the trade was $15,000 to $50,000.</p>
<p>The <strong>Applied Materials options</strong> are for a strike price of $175 and an expiration date of Jan. 17, 2025. The transaction value of the trade was $1,000 to $15,000.</p>
<p>"BREAKING: Senator Tommy Tuberville is once again trading options," Unusual Whales <a href="https://twitter.com/unusual_whales/status/1780404471312396389">tweeted</a>. "He is literally trading companies which he legislates on, while having leveraged positions over them. Unusual."</p>
<p>The filing also showed the Alabama Republican once again bought shares of small biotech <strong>Humacyte Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>), with three transactions totaling amounts of $1,000 to $15,000; $1,000 to $15,000; and $15,000 to $50,000.</p>
<p>"BREAKING: Senator Tommy Tuberville has disclosed new purchase of Humacyte stock, $HUMA. It's a small biotech company that makes implantable human tissues. They've been testing their tech in Ukraine, treating combat injuries. Tuberville sits on the Armed Services Committee," Quiver Quant tweeted.</p>
<p><strong>Congress Trades Create Conflict Of Interest Questions: </strong><a href="https://www.benzinga.com/news/23/08/33880886/senators-perfect-timing-russian-war-linked-biotech-buy-raises-eyebrows-amid-trading-ban-debate">Benzinga previously shared</a> that trades involving Humacyte drew attention given the small-cap nature of the company and the fact that Tuberville serves on the Senate Armed Services Committee.</p>
<p>Humacyte collaborated with regulators, including the FDA in the U.S., to send its investigational HAV (Human Acellular Vessel) to Ukraine for humanitarian use.</p>
<p>The company said its HAV has been provided to hospitals in Ukraine and used to treat patients with critical injuries.</p>
<p>Tuberville has been <a href="https://www.benzinga.com/general/politics/24/03/37829749/senator-tommy-tubervilles-latest-2-stock-trades-attract-the-wrong-kind-of-attention-should-this-">flagged for unusual stock trading</a> in the past and remained one of the most active members of Congress buying and selling stocks and options.</p>
<p>A recent filing showed Tuberville buying stock in regional bank <strong>Southern States Bancshares Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBK#NASDAQ">SSBK</a>). The CEO of the company is a donor to Tuberville's senate campaign.</p>
<p>A&nbsp;<a href="https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9#sen-tommy-tuberville-a-republican-from-alabama-2" target="_blank" rel="noreferrer noopener">report&nbsp;</a>from Business Insider said Tuberville was late in disclosing around 130 stock trades from January to May 2021.</p>
<p>A <a href="https://www.nytimes.com/interactive/2022/09/13/us/politics/congress-stock-trading-investigation.html" target="_blank" rel="noreferrer noopener">report </a>from the New York Times highlighted Tuberville bought or sold stock and options in 17 companies that had business in front of Senate committees on which he served.</p>
<p><em>Read More: <a href="https://www.benzinga.com/general/education/24/03/37549908/dartmouth-basketball-team-may-change-the-ncaa-forever-this-will-absolutely-kill-college-sports-">Dartmouth Basketball Team May Change The NCAA Forever: &#8216;This Will Absolutely Kill College Sports&#8217; Senator Says</a></em></p>
<p><strong>Tuberville&#8217;s Congress Trades:</strong> Tuberville is no stranger to <a href="https://www.benzinga.com/topic/tommy-tuberville">buying and selling stocks</a> while a member of Congress. The senator is one of the most active traders and buys and sells options sometimes, as per his disclosures.</p>
<p>The senator recently <a href="https://www.benzinga.com/gov-trades/members/tommy-tuberville">disclosed </a>several stock transactions, which included buying $15,000 to $50,000 in shares of <strong>Paramount Global </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) and buying $15,000 to $50,000 in shares of <strong>Walgreens Boots Alliance</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>).</p>
<p>Tuberville also disclosed selling shares of <strong>Apple Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>),<strong> JPMorgan Chase</strong> <strong>&amp; Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), <strong>CSX Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) and <strong>Texas Instruments</strong> <strong>Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>).</p>
<p><em>Related Link: <a href="https://www.benzinga.com/general/politics/24/01/36459015/10-best-stock-traders-in-congress-in-2023-spoiler-nancy-pelosi-is-back-on-the-list">10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)</a></em></p>
<p><em>Photo: Shutterstock</em></p>


<p><strong>Alphabet</strong>&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) Google recently enhanced YouTube&#39;s user interface (UI) for Android TV with an animated comment count feature in the info pill section.<br />
The video info pill section now displays a short animation, YouTube channel name, comments count, and &quot;Learn more about this video&quot; message when users hover over it, with no effect on content viewing.<br />
This new feature addition aims to make full-screen viewing easier and less intrusive and enhance interaction with videos on displays.<br />
Alphabet is expected to expand YouTube&#39;s user base among Android TV users on the back of its latest move.</p>
<div class="chart_embed">
<h3>Alphabet Inc. Price and Consensus</h3>
<p><a href="https://www.zacks.com/stock/chart/GOOGL/price-consensus-chart?icid=chart-GOOGL-price-consensus-chart"><img alt="Alphabet Inc. Price and Consensus" src="https://staticx-tuner.zacks.com/images/charts/fe/1713358633.png" style="height:281px; width:620px" title="" /> </a></p>
<p>Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote</p>
</div>
<h3>Growing Focus on YouTube</h3>
<p>Apart from the animated comment count feature, the company added a song search capability for YouTube Music on Android devices. YouTube Music now features a dedicated button next to voice search, allowing faster access by tapping the search icon in the top-right corner.<br />
Google, via YouTube TV, partnered with <strong>Peloton Interactive</strong>&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pton#NASDAQ">PTON</a>) streaming service platform, Peloton Entertainment.<br />
Per the terms of the partnership, Peloton All-Access members can stream their favorite television content from their Peloton Bike, Peloton Row or Peloton Tread. Further, Google launched YouTube Create, a mobile app designed to streamline video production for creators, offering AI-enabled editing, captioning, voiceover, filters and royalty-free music features.<br />
The company also introduced AI-powered features to YouTube, including Dream Screen for seamless video backgrounds, production tools for quick editing and YouTube Create, which is a mobile app for AI-enabled video production.<br />
Alphabet will continue its Coachella streaming partnership in 2024, offering a multiview experience on the YouTube app, allowing viewers to watch up to four live stages simultaneously.</p>
<h3>Wrapping Up</h3>
<p>All the above-mentioned endeavors will strengthen YouTube&#39;s subscriber base, which, in turn, will solidify Alphabet&#39;s footing in the global video streaming space, presenting a significant growth opportunity for the company.<br />
Per a Fortune Business Insights report, the video streaming market is expected to reach $1.9 trillion by 2030, witnessing a CAGR of 19.3% between 2023 and 2030.<br />
Moreover, a strong YouTube subscriber base will, in turn, aid Alphabet in strengthening its Google Services segment, which has been the key growth driver of the company. Its shares have rallied 10.5% in the year-to-date period compared with the Zacks Computer &amp; Technology sector&#39;s growth of 9.2%.<br />
The strengthening Google Services segment is expected to aid its overall financial performance in the near term.<br />
The Zacks Consensus Estimate for 2024 total revenues stands at $286.48 billion, indicating year-over-year growth of 11.7%.<br />
The consensus mark for 2024 earnings is pegged at $6.78 per share, which has risen by a penny in the past 30 days.</p>
<h3>Zacks Rank &amp; Stocks to Consider</h3>
<p>Currently, Alphabet carries a Zacks Rank #3 (Hold).<br />
Some better-ranked stocks in the broader technology sector are <strong>Applied Materials</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amat#NASDAQ">AMAT</a>) and <strong>Dell Technologies</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dell#NYSE">DELL</a>), each carrying a Zacks Rank #1 (Strong Buy) at present.<br />
Shares of Applied Materials have gained 28.8% in the year-to-date period. The long-term earnings growth rate for AMAT is 8.32%.<br />
Shares of Dell Technologies have gained 59% in the year-to-date period. The long-term earnings growth rate for DELL is currently projected at 12%.</p>
<p><a href="https://www.zacks.com/stock/news/2257043/alphabet-googl-boosts-youtube-efforts-with-android-tv-feature?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2257043">To read this article on Zacks.com click here.</a></p>


<p><em>To gain an edge, this is what you need to know today.</em></p>
<p><img alt="" src="https://thearorareport.com/wp-content/uploads/2024/04/2024-04-17_08h07_11.png" style="height:342px; width:624px" /></p>
<h3><strong>A New Opportunity In AI Ahead</strong></h3>
<p>Please <a href="https://thearorareport.com/stock-market-chart-analysis-powell-shifting-ai-opportunity-spy-mc-04172024">click here</a> for an enlarged chart of <strong>SPDR S&amp;P 500 ETF Trust </strong>(ARCA:SPY) which represents the benchmark stock market index S&amp;P 500.</p>
<p>Note the following:</p>
<ul>
<li>The chart shows that the stock market has pulled back after breaking below the trendline.&nbsp;&nbsp;</li>
<li>The chart shows the support zone.&nbsp;&nbsp;</li>
<li>The chart shows that in spite of the pullback, the stock market is still about 5% above the support zone.&nbsp;&nbsp;</li>
<li>Powell had repeatedly made it clear that he was itching to cut interest rates.&nbsp;This is what initially triggered the stock market rally in 2023 and kept the stock market rally going in 2024.&nbsp;&nbsp;</li>
<li>When inflation data from January came hotter than expected, the hot inflation data went against Powell, but Powell dismissed it as a one-off.&nbsp;The hot inflation data for February again went against Powell, but Powell again dismissed it as a one-off.</li>
<li>The chart shows when CPI data was reported for January, February, and March.&nbsp;&nbsp;&nbsp;</li>
<li>When the March inflation data came against Powell, prudent investors were eagerly awaiting how Powell would justify rate cuts after data went against him three months in a row.&nbsp;Powell has now shifted, saying that it will take longer to be confident about inflation.&nbsp;Powell acknowledged that progress on inflation has stalled.&nbsp;Powell now expects to hold interest rates at the current level longer than he previously expected.&nbsp;&nbsp;</li>
<li>In the stock market, there was a short dip on Powell&rsquo;s statement.&nbsp;The momo crowd aggressively bought the dip. This morning, the momo crowd continues to aggressively buy stocks.&nbsp;&nbsp;</li>
<li>Due to the importance of Powell&rsquo;s switch and the consequences of Powell&rsquo;s error over the last several months to investors.</li>
<li>As the day and the week progresses, prudent investors need to stay alert to how the market reacts to earnings.&nbsp;Earnings season is in full swing.&nbsp;So far, earnings are mixed.&nbsp;Prudent investors should also stay in tune with what smart money does.&nbsp;As a reminder, when the momo crowd aggressively bought stocks after Iran attacked Israel, smart money took advantage of the strength generated by the momo crowd to trim stocks.</li>
<li>Biden wants to increase tariffs on Chinese steel and aluminum.&nbsp;Biden is targeting steel workers&rsquo; votes in Pennsylvania in the upcoming election.&nbsp;Pennsylvania is an important swing state and could potentially be the deciding factor in the election.</li>
<li>Artificial intelligence has dramatically increased the demand for advanced semiconductors.&nbsp; In turn, semiconductor manufacturers have been ramping up orders for advanced chip making equipment.&nbsp;For manufacturing advanced semiconductors, chip makers need extreme ultraviolet lithography machines from&nbsp;<strong>ASML Holding NV</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asml#NASDAQ">ASML</a>).&nbsp;ASML is a Dutch company and is the most valuable European tech stock.&nbsp;New orders booked by ASML over the last quarter fell by 61% from the prior quarter as chip makers stopped buying as many advanced machines.&nbsp;&nbsp;
<ul>
<li>In The Arora Report analysis, this is a temporary dip.&nbsp;ASML stock is down 4% in the early trade.&nbsp;As full disclosure, if it dips further and enters the buy zone, there will be a signal in The Arora Report ZYX Buy Alert.&nbsp;</li>
<li>Another semiconductor manufacturing firm <strong>Applied Materials, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amat#NASDAQ">AMAT</a>) is our favorite chip equipment making stock to profit from artificial intelligence.&nbsp;As full disclosure, AMAT is in The Arora Report&#39;s&nbsp;ZYX Buy Model Portfolio.&nbsp;AMAT is long from $16.</li>
<li>Investing in semiconductor manufacturing equipment stocks is one of the best ways to profit from the artificial intelligence boom.&nbsp;This belongs in the &lsquo;picks and shovels&rsquo; strategy.&nbsp;The Arora Report recommends that investors also diversify by strategy.&nbsp;The Arora Report uses over 50 different strategies.</li>
</ul>
</li>
</ul>
<h3><strong>Magnificent Seven Money Flows</strong></h3>
<p>In the early trade, money flows are positive in <strong>Apple Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), <strong>Amazon.com, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), <strong>Alphabet Inc Class C</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>), <strong>Meta Platforms Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>), <strong>Microsoft Corp</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), <strong>NVIDIA Corp</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), and <strong>Tesla Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>).</p>
<p>In the early trade, money flows are mixed in<strong> SPDR S&amp;P 500 ETF Trust </strong>(ARCA:SPY) and <strong>Invesco QQQ Trust Series 1</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>).</p>
<h3><strong>Momo Crowd And Smart Money In Stocks</strong></h3>
<p>The momo crowd is buying stocks in the early trade.&nbsp;Smart money is inactive in the early trade.</p>
<h3><strong>Gold</strong></h3>
<p>The momo crowd is buying gold in the early trade.&nbsp;Smart money is inactive in the early trade.</p>
<p>For longer-term, please see gold and silver ratings.</p>
<p>The most popular ETF for gold is <strong>SPDR Gold Trust </strong>(ARCA:GLD). The most popular ETF for silver is <strong>iShares Silver Trust </strong>(ARCA:SLV).&nbsp;</p>
<h3><strong>Oil</strong></h3>
<p>API crude inventories came at a build of 4.090M barrels.</p>
<p>The momo crowd is buying oil in the early trade.&nbsp; Smart money is inactive in the early trade.</p>
<p>For longer-term, please see oil ratings.</p>
<p>The most popular ETF for oil is <strong>United States Oil ETF</strong> (ARCA:USO).</p>
<h3><strong>Bitcoin</strong></h3>
<p><strong>Bitcoin </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is trading in the $62,000 range ahead of bitcoin halving.&nbsp;&nbsp;</p>
<h3><strong>Protection Band And What To Do Now</strong></h3>
<p>It is important for investors to look ahead and not in the rearview mirror.</p>
<p>Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.</p>
<p>You can determine your protection bands by adding cash to hedges.&nbsp;The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.</p>
<p><strong>It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp;</strong>When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.</p>
<h3><strong>Traditional 60/40 Portfolio</strong></h3>
<p>Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.</p>
<p>Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of seven year duration or less.&nbsp;Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.</p>
<p><strong>The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter">Generate Wealth Newsletter</a>.</strong></p>
<p class="contributor-disclaimer"><em>This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.</em></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Commodities

Economics

$BTC

AMZN

MSFT

TSLA

Powell Shifts But Does Not Admit He Was Wrong, Opportunity In AI Driven Semiconductor Chip Equipment Maker

INTC

Shares of semiconductor stocks are trading lower. The sector may be down in sympathy with ASML, which reported worse-than-expected Q1 financial results.

<p><strong>Applied Mat's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NYSE">AMAT</a>) short percent of float has fallen 3.85% since its last report. The company recently reported that it has <strong>12.45 million shares sold short</strong>, which is 1.5% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 2.87 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Applied Mat Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713288619_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Applied Mat has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Applied Mat's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Applied Mat's peer group average for short interest as a percentage of float is 7.13%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

Looking Into Applied Mat's Recent Short Interest

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>As we near the second half of 2024, the correction phase points to a powerful upside potential in underrated <a href="https://investorplace.com/industries/technology/">tech stocks</a>.</p>



<p>Last year witnessed an extraordinary boom in technology stocks, soaring to uncharted heights. However, the recent warning signs are becoming too loud to ignore, as evidenced by the tech-heavy <strong>Nasdaq</strong>&nbsp;<strong>Composite Index</strong>, which has <a href="https://seekingalpha.com/symbol/COMP:IND/charting?compare=COMP:IND,SP500&amp;interval=1M&amp;metric=priceReturn">slid 2.5% in the past month</a>. This shift in momentum has made investors revamp their investment choices.</p>



<p>During this tumultuous transformation, technology behemoths like <strong>Meta</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/"><strong><strong>META</strong></strong></a>) and <strong>Nvidia</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong><strong>NVDA</strong></strong></a>) <a href="https://www.cointribune.com/en/stock-market-crash-meta-and-nvidia-lose-750-billion-tech-falters/">lost over $750 billion</a>&nbsp;from their respective market capitalizations, exposing the tech sector&rsquo;s vulnerability.</p>



<p>This turbulence has exposed the shortcomings in the major tech stocks while simultaneously revealing untapped potential in the broader market. While investors and the media tend to focus mostly on mega-cap stocks, many underrated businesses are quietly making significant strides. Thus, it is pertinent to identify diamonds in the rough and bet on these three tech stocks for spectacular gains.</p>



<h2>Underrated Tech Stocks: Photronics (PLAB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/shutterstock_2043923687-300x169.jpg" alt="PLAB stock: Electronic board, pen, processor on the background of schematic circuit diagram and photomask for manufacture of printed circuit boards."><div>Source: Mentor57 / Shutterstock</div></div><p><strong>Photronics</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/plab-stock-quote/"><strong><strong>PLAB</strong></strong></a>) shines brightly within the technology industry&rsquo;s semiconductor equipment and materials niche. Its mastery of photomask manufacturing has led to a mind-boggling <a href="https://seekingalpha.com/symbol/PLAB/momentum/performance">99% year-over-year (YOY) price growth</a>.</p>



<p>It&rsquo;s not just the price, though. Photronics maintained resilience, <a href="https://photronicsinc.gcs-web.com/news-releases/news-release-details/photronics-reports-first-quarter-fiscal-2024-results">posting a revenue</a> of $216.3 million in the first quarter of 2024, which marks a 2% bump year-over-year. Seasonal fluctuations and a shorter Q1 caused sequential revenue to decline, but annual growth depicts Photronics&rsquo; ongoing capacity to increase revenues.</p>



<p>Moreover, Photronics&rsquo; top-line growth is greatly driven by its stronghold in advanced technology nodes, <a href="https://finance.yahoo.com/news/photronics-inc-nasdaq-plab-q1-145210434.html">such as 22 nm and 28 nm</a>, within the integrated circuit (IC) segment. Customers are moving toward these nodes to maximize savings and improve performance, driving up demand for Photronics&rsquo; photomask solutions.</p>



<p>Furthermore, Photronics&rsquo; <a href="https://seekingalpha.com/symbol/PLAB/valuation/metrics">non-GAAP earnings multiple</a>&nbsp;for the trailing year trades at 13.28x, substantially less than the industry average of 21.64x. In contrast to being a valued catch, this distinguishes the continued relevance of photomasks in escalating technological experiences.</p>



<h2>Micron Technology (MU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/mu1600d-300x169.jpg" alt="A magnifying glass zooms in on the logo for Micron Technology, Inc. (MU)"><div>Source: Casimiro PT / Shutterstock.com</div></div><p><strong>Micron Technology</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/mu-stock-quote/"><strong><strong>MU</strong></strong></a>), a leader in memory and storage solutions, is enhancing its role in the tech sector. It&rsquo;s ramping up mass production of high bandwidth memory chips that power Nvidia&rsquo;s latest artificial intelligence (<span>AI</span>) chips. As Micron CEO Sanjay Mehrotra <a href="https://finance.yahoo.com/news/analysts-race-reset-micron-price-121711829.html">boasted at the recent conference</a>: &ldquo;Our HBM3E product will be a part of&nbsp;Nvidia&rsquo;s H200 Tensor Core GPUs, and we are progressing on additional platform qualifications with multiple customers.&rdquo;</p>



<p>Along with Micron&rsquo;s collaboration with Nvidia, its comeback story is grabbing headlines. Investors can rejoice in the company&rsquo;s much-anticipated return to profitability. Following <a href="https://www.tipranks.com/stocks/mu/earnings">five consecutive quarters</a>&nbsp;of negative earnings per share (<span>EPS</span>), Micron posted positive <a href="https://seekingalpha.com/news/4081776-micron-non-gaap-eps-of-042-beats-by-066-revenue-of-582b-beats-by-470m">non-GAAP EPS of 42 cents</a>&nbsp;in Q2 2024, exceeding expectations by 66 cents. Moreover, Micron is performing impressively with reported revenue of $5.82 billion, marking a significant 58% YOY upswing from $3.69 billion and surpassing estimates by $473.44 million.</p>



<p>This sustained trajectory has earned Micron a &lsquo;strong buy&rsquo; rating from TipRanks analysts, who predict a robust <a href="https://www.tipranks.com/stocks/mu/forecast">10% upside potential</a>, further solidifying Micron&rsquo;s standing in the tech sector.</p>



<h2>Underrated Tech Stocks: Applied Materials (AMAT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/amat-stock-300x169.jpg" alt="Applied Materials (AMAT) company sign outside office"><div>Source: michelmond / Shutterstock.com</div></div><p><strong>Applied Materials</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/amat-stock-quote/"><strong><strong>AMAT</strong></strong></a>) has excelled as a linchpin in microchip manufacturing equipment. AMAT benefits from this significant advancement as AI applications depend increasingly on sophisticated CPUs. As a result, the company&rsquo;s stock has taken off, <a href="https://seekingalpha.com/symbol/AMAT/momentum/performance">climbing by 25% in 2024</a>&nbsp;alone. Spread these gains over the past year, and you see an astounding 84.37% bump compared to the <strong>S&amp;P 500&rsquo;s</strong>&nbsp;25.74%. This result reflects the high demand for its cutting-edge equipment, which is essential for creating advanced semiconductors that form the basis of AI technology.</p>



<p>Building on this upbeat trajectory, AMAT <a href="https://seekingalpha.com/news/4067843-applied-materials-non-gaap-eps-of-2_13-beats-0_22-revenue-of-6_71b-beats-220m">reported EPS of $2.12</a>&nbsp;in Q4 2023, topping analyst expectations by 22 cents. Additionally, the business reported revenue of $6.71 billion, outperforming the projected $6.48 billion. This economic stability is further supported by a stellar <a href="https://seekingalpha.com/symbol/AMAT/profitability">46.41% return on common equity</a>&nbsp;for the trailing year, a sign of profitability and efficient capital use.</p>



<p>Moreover, AMAT enhances shareholder value by sweetening the pot with a dividend that has <a href="https://seekingalpha.com/symbol/AMAT/dividends/scorecard">grown for six consecutive years</a>.</p>



<p><em>On the date of publication, Nabeel Bukhari did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a></em></p>
<div><p>Nabeel Bukhari is a seasoned research analyst and keen investor. His expert insights help readers to skillfully tackle the complexities of the financial sector, with a particular focus on electric vehicles (EVs) and technology stocks. Nabeel holds a Bachelor of Laws degree from Bahria University.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/04/3-underrated-tech-titans-to-buy-for-explosive-growth-in-2024/">3 Underrated Tech Titans to Buy for Explosive Growth in 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Underrated Tech Titans to Buy for Explosive Growth in 2024

Steamboat Capital Partners explain why they believe in ACM Research

<strong><i>The semiconductor industry's prospects look promising thanks to the extensive chip usage across various industries and the rising integration of advanced technology. Therefore, it could be wise to buy fundamentally strong chip stocks, Trio-Tech (TRT), Applied Materials (AMAT), and Amkor Technology (AMKR), offering massive growth potential. Read on...</i></strong><br><br><p>The demand for chips has increased dramatically in recent years as their applications have grown across a variety of industries. So, you could consider quality chip stocks, Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>), Applied Materials, Inc. (<a href="https://stocknews.com/stock/AMAT/">AMAT</a>), and Amkor Technology, Inc. (<a href="https://stocknews.com/stock/AMKR/">AMKR</a>), which offer investment potential.</p>
<p>The extensive usage of chips in a wide range of end-use applications such as electronics, industrial equipment, automotive, networking and communications, and data processing is the primary factor that boosts the semiconductor market's growth. The global semiconductor market is expected to grow at a <a href="https://www.precedenceresearch.com/semiconductor-market">CAGR of 7.6%</a> to $1.14 trillion by 2033.</p>
<p>Besides, the Semiconductor Industry Association (SIA) announced that global semiconductor sales in February 2024 hit $46.2 billion, marking a <a href="https://www.semiconductors.org/global-semiconductor-sales-increase-16-3-year-to-year-in-february/">16.3% surge</a> from February 2023 and the largest since May 2022.</p>
<p>Moreover, the rising penetration of digital technologies and the rising adoption of various consumer electronics worldwide are fostering the industry's expansion. The global graphics processing unit (GPU) market is predicted to grow rapidly due to rising demand for high-performance computing, IoT trends, and sophisticated technologies such as AR, VR, and AI.</p>
<p>The global GPU market is expected to reach $110.6 billion by 2030, growing at a <a href="https://finance.yahoo.com/news/graphics-processing-unit-gpu-market-154500005.html">22.5% CAGR</a>. Furthermore, investors' interest in chip stocks is evident from the VanEck Semiconductor ETF's (<a href="https://stocknews.com/stock/SMH/">SMH</a>) 73.2% returns over the past year.</p>
<p>Considering these favorable factors, let's analyze the fundamentals of the three best <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> stocks, beginning with the third choice.</p>
<p><strong>Stock #3: </strong><strong>Trio-Tech International </strong>(<a href="https://stocknews.com/stock/TRT/"><strong>TRT</strong></a><strong>)</strong></p>
<p>TRT and its subsidiaries offer manufacturing, testing, and distribution services to the semiconductor industry. The company operates through four segments: Manufacturing; Testing Services; Distribution; and Real Estate.</p>
<p>TRT's trailing-12-month EBITDA margin of 15.81% is 61.6% higher than the 4.87% industry average. Its trailing-12-month levered FCF margin of 16.66% is 72.2% higher than the industry average of 9.67%.  Also, the stock's 0.89x trailing-12-month asset turnover ratio is 44.9% higher than the 0.61x industry average.</p>
<p>For the fiscal 2024 second quarter that ended December 31, 2023, TRT reported revenues of $12.20 million. Its net income and EPS came in at $486 thousand and $0.12, respectively. In addition, as of December 31, 2023, the company's cash and cash equivalents stood at $10.97 million, compared to $7.58 million as of June 30, 2023.</p>
<p>TRT's shares have gained 42.9% over the past year to close the last trading session at $6.20.</p>
<p>TRT's<a href="https://stocknews.com/powr-ratings/"> POWR Ratings</a> reflect this promising outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.</p>
<p>TRT has an A grade for Momentum and Value and a B for Sentiment. It is ranked #15 out of 91 stocks in the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry. <em> </em></p>
<p><a href="https://stocknews.com/stock/TRT/">Click here</a> to see the additional POWR Ratings for TRT (Stability, Growth, and Quality).</p>
<p><strong>Stock #2: Applied Materials, Inc. </strong>(<a href="https://stocknews.com/stock/AMAT/"><strong>AMAT</strong></a><strong>) </strong></p>
<p>AMAT engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems; Applied Global Services; and Display and Adjacent Markets.</p>
<p>On March 11, 2024, AMAT approved a 25% increase in the quarterly cash dividend from $0.32 to $0.40 per share, payable on June 13, 2024. AMAT pays an annual dividend of $1.60, which translates to a yield of 0.81% on the current market price, higher than its four-year average <a href="https://www.investopedia.com/terms/d/dividendyield.asp">dividend yield</a> of 0.90%.</p>
<p>On February 26, 2024, AMAT introduced a portfolio of products and solutions designed to address the patterning requirements of chips in the "angstrom era."</p>
<p>As chipmakers transition to process nodes at 2nm and below, they increasingly benefit from new materials engineering and metrology techniques that help overcome EUV and High-NA EUV patterning challenges, including line edge roughness, tip-to-tip spacing limitations, bridge defects, and edge placement errors.</p>
<p>AMAT's trailing-12-month EBITDA margin of 30.72% is 213.9% higher than the industry average of 9.79%. Its trailing-12-month EBIT margin of 28.89% is 501.7% higher than the industry average of 4.80%. Likewise, its trailing-12-month net income margin of 27.03% is 963.3% higher than the industry average of 2.54%.</p>
<p>For the first quarter ended January 28, 2024, AMAT reported net revenues of $6.71 billion. Its non-GAAP gross profit was $3.21 billion, a 1.9% year-over-year increase. Its non-GAAP net income and non-GAAP EPS rose 3.4% and 4.9% year-over-year to $1.78 billion and $2.13, respectively. Its free cash flow increased 6.1% from the prior year's period to $2.10 billion.</p>
<p>Analysts expect AMAT's revenue for the third quarter (ending July 2024) to increase 2.3% year-over-year to $6.58 billion. Its EPS is expected to grow 3.3% year-over-year to $1.96 for the same quarter. Also, the company topped the consensus EPS and revenue estimates in each of the four trailing quarters, which is remarkable.</p>
<p>Shares of AMAT have surged 75.8% over the past year to close the last trading session at $198.65.</p>
<p>AMAT's POWR Ratings reflect its positive outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.</p>
<p>The stock has an A grade for Momentum and a B for Quality and Sentiment. The stock is ranked #9 in the same industry.<em> </em></p>
<p>Beyond what is stated above, we've also rated for Growth, Value, and Stability. Get all AMAT ratings<a href="https://stocknews.com/stock/AMAT/"> here</a>.</p>
<p><strong>Stock #1: Amkor Technology, Inc. </strong>(<a href="https://stocknews.com/stock/AMKR/"><strong>AMKR</strong></a><strong>)</strong></p>
<p>AMKR offers outsourced semiconductor packaging and test services internationally. It offers turnkey packaging and test services, flip-chip scale package products, flip-chip stacked chip scale packages, flip-chip ball grid array packages, and memory products.</p>
<p>On April 8, 2024, AMKR and Infineon Technologies AG (<a href="https://stocknews.com/stock/IFNNY/">IFNNY</a>) entered into a multi-year partnership to operate a dedicated packaging and test center at AMKR's manufacturing site in Porto, whose operations are expected to commence in the first half of 2025.</p>
<p>The long-term agreement will further strengthen the companies' partnership and complement AMKR's operations, enhancing supply chain resiliency for advanced products supporting automotive and industrial end markets.</p>
<p>On January 16, AMKR and GlobalFoundries Inc (<a href="https://stocknews.com/stock/GFS/">GFS</a>) announced their strategic partnership to strengthen the European Union automotive supply chain and expand services for global customers.</p>
<p>AMKR's extensive global footprint and solid European presence combined with GFS' tools, processes, and expertise will enable the Porto site to help the European Union pursue its goals of ensuring supply chain stability and delivering the next-generation automotive and other critical chip solutions. This partnership will benefit both companies significantly.</p>
<p>In terms of the trailing-12-month EBITDA margin, AMKR's 17.09% is 74.6% higher than the 9.79% industry average. Likewise, its 7.41% trailing-12-month EBIT is 54.3% higher than the 4.80% industry average.</p>
<p>For the first quarter, which ended on March 31, 2024, AMKR reported net sales of $1.37 billion, and its operating income increased 5.8% year-over-year to $73 million. In addition, net income attributable to Amkor and EPS were $59 million and $0.24, up 31.1% and 33.3% year-over-year, respectively. Its EBITDA rose 1.7% from the prior year's quarter to $233 million.</p>
<p>Street expects AMKR's revenue for the third quarter (ending September 2024) to increase 3.2% year-over-year to $1.88 billion, and its EPS for the same period is expected to grow 17.9% year-over-year to $0.64. Furthermore, the company surpassed the consensus EPS estimates in each of the trailing four quarters.</p>
<p>The stock gained 58.3% over the past six months to close the last trading session at $32.35.</p>
<p>AMKR's robust prospects are reflected in its POWR Ratings. The stock has an overall B rating, equating to a Buy in our proprietary rating system.</p>
<p>The stock has an A grade for Momentum and Sentiment and a B for Value. It is ranked #5 in the same industry.<em> </em></p>
<p>To access AMKR's additional ratings for Stability, Quality, and Growth, Click <a href="https://stocknews.com/stock/AMKR/">here</a>.</p>
<p><strong><em>What To Do Next?</em></strong></p>
<p>Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "<em>death trap</em>" stocks are lurking in your portfolio:</p>
<p><a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell"><strong>10 Stocks to SELL NOW! &gt;</strong></a></p>

<hr />
<p>DELL shares were trading at $122.09 per share on Wednesday morning, down $2.55 (-2.05%). Year-to-date, DELL has gained 60.93%, versus a 5.68% rise in the benchmark S&amp;P 500 index during the same period.</p>
<hr><div style="clear:both;"></div><br><h2>About the Author: Nidhi Agarwal</h2><br><img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;"><p>Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.</p><p><a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a></p>The post <strong><a href=https://stocknews.com/news/dell-amat-amkr-ifnny-gfs-3-chip-stocks-offering-investment-potential/>3 Chip Stocks Offering Investment Potential</a></strong> appeared first on <strong><a href=https://stocknews.com/>StockNews.com</a></strong>

3 Chip Stocks Offering Investment Potential

Super Micro suffers drop following outlook, AI-related stocks follow suit: update

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>It&rsquo;s no secret that the stock market can be a whirlwind, tossing around valuations and leaving investors holding the bag. But in the midst of all the uncertainty presents an opportunity for the best cheap stocks to buy.&nbsp;</p>



<p>Despite lower share prices and industry headwinds, cheap stocks often emerge stronger than ever. Factors that can lead to a turnaround can include improving financial conditions in the economy, revenue and earnings growth, or promising industry tailwinds.</p>



<p>To identify these hidden gems investors must look beyond the noise, and consider the company&rsquo;s long-term growth prospects and overall financial profile. If all boxes are checked, taking advantage of dip-buying opportunities is a worthwhile endeavor.&nbsp;&nbsp;</p>



<p>Here are the 3 best absurdly cheap stocks to buy for long-term investors in 2024!</p>



<h2><strong>Applied Materials (AMAT)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/11/amat-stock-300x169.jpg" alt="Applied Materials (AMAT) company sign outside office"><div>Source: michelmond / Shutterstock.com</div></div><p><strong>Applied Materials </strong>(NASDAQ<strong>:</strong><span><a href="https://investorplace.com/stock-quotes/amat-stock-quote/"><strong>AMAT</strong></a></span>) is an undisputed leader in the semiconductor fabrication market. With semiconductors forming the backbone of modern technology, from smartphones to data centers, the demand for their product portfolio shows no sign of abating.&nbsp;At the moment, it&rsquo;s one of the top cheap stocks to buy and hold today.</p>



<p>Currently, the AMAT stock is trading at a discount to its historical valuation. This is attributed to the short-term headwinds in the semiconductor equipment market. The cyclical nature of this sector creates ebbs and flows, offering savvy investors countless entry points to buy the stock on the dip. </p>



<p>In <a href="https://ir.appliedmaterials.com/static-files/cbc64d18-2424-458e-aff6-ef3f74926bff">FY23</a>, the company managed to weather the storm, achieving modest revenue growth. However, what was more impressive was their earnings per share (<a href="https://investorplace.com/stock-quotes/eps-stock-quote/"><strong>EPS</strong></a>), which was up 9% to a record $8.11 per share. </p>



<p>AMAT also achieved a record free cash flow (<a href="https://investorplace.com/stock-quotes/fcf-stock-quote/"><strong>FCF</strong></a>) of $7.6 billion. Spending on wafer fabrication is recovering and gives a positive runway for the AMAT stock over the next 12 months. With a forward price-to-earnings (P/E) of 24 and a price-to-sales ratio of six, Applied Materials is on pace for a massive recovery going into the end of the year.</p>



<h2><strong>ON Semiconductor (ON)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600e-300x169.jpg" alt="semiconductor stocks Close-up electronic circuit board. technology style concept. representing semiconductor stocks. top semiconductor stocks to buy now. semiconductor stocks"><div>Source: Shutterstock</div></div><p><strong>ON Semiconductor </strong>(NASDAQ<strong>:</strong><span><a href="https://investorplace.com/stock-quotes/on-stock-quote/"><strong>ON</strong></a></span>)<strong> </strong>is another major player in the semiconductor space, but its specialty lies in power management and sensor solutions. These highly sought-after components are essential for the electric vehicle and renewable energy markets.&nbsp;</p>



<p>ON Semiconductor has faced a large pullback in recent times, presenting an opportunity for long-term investors to capitalize on the weakness. The stock is down 14% YTD, with Wall Street wary about the short-term outlook and demand for their advanced semiconductor chips. </p>



<p>However, their SiC (silicon carbide) modules, which are specifically tailored for the electric vehicle and energy storage markets will continue to see demand as the sectors recover. In <a href="https://investor.onsemi.com/static-files/bf6d07ab-3e71-45d0-b35e-6b72c85e8318">Q1 FY24</a>, ON revenue declined 5% year over year to $1.86 billion. </p>



<p>Additionally, its operating margin declined by 400 bps in the quarter. Despite this disappointing news and weak guidance, the company&rsquo;s expansion of its new manufacturing facility in South Korea should help. The company&rsquo;s P/E of 14 also presents a great buying opportunity for long-term investors who remain bullish on the EV and energy storage markets.</p>



<h2><strong>Dick&rsquo;s Sporting Goods (DKS)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/dks-stock-1600-300x169.png" alt="Exterior of Dick's Sporting Goods retail store including sign and logo."><div>Source: George Sheldon via Shutterstock</div></div><p><strong>Dick&rsquo;s Sporting Goods </strong>(NYSE<strong>:</strong><span><a href="https://investorplace.com/stock-quotes/dks-stock-quote/"><strong>DKS</strong></a></span>) is a dominant force in the sporting goods and retail sector. The stock is up 38% YTD, as investors remain bullish on their long-term growth prospects.&nbsp;</p>



<p>Dick&rsquo;s Sporting Goods has demonstrated resilience and adaptability in navigating challenging market conditions, including the impact of the pandemic on the retail sector. Throughout recent years, Dick&rsquo;s has successfully leveraged its omnichannel strategy. This includes both online and offline channels to meet the changing consumer preferences. </p>



<p>The company has also been investing in its private-label brands and expanding its experiential retail concepts. In <a href="https://s27.q4cdn.com/812551136/files/doc_financials/2023/q4/DKS-2024-02-03-Ex-99-1-Earnings-Release-vF.pdf">FY23</a>, revenue increased 5% year over year to $12.98 billion. Comparable sales grew 2.4% from 2022, with EPS up 13% to $12.18 per share. </p>



<p>The company also increased its quarterly dividend by 10% to $1.10 per share. With a forward P/E of 15, DKS stock is among the best cheap stocks to snap up for the long term.</p>



<p><em>On the date of publication, Terel Miles did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com </em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em>Publishing Guidelines</em></a><em>.</em></p>
<div><p>Terel Miles is a contributing writer at InvestorPlace.com, with more than seven years of experience investing in the financial markets.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/05/have-1000-3-absurdly-cheap-stocks-long-term-investors-should-buy-now/">Have $1,000? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Have $1,000? 3 Absurdly Cheap Stocks Long-Term Investors Should Buy Now

Analyst Joseph Quatrochi from Wells Fargo maintained a Buy rating on Applied Materials (AMAT – Research Report) and keeping the price target at $25...

Buy Rating for Applied Materials: Leadership and Growth in the Wafer Fabrication Equipment Market

Goldman's top 50 Strong Balance Sheet stocks

Global semiconductor sales jump 15.2% in Q1 2024: SIA

Biden administration reportedly revokes export licenses to supply Huawei with chips

CHIPS Act to triple U.S. semiconductor manufacturing capacity by 2032: report

ANET

CDNS

COST

CPRT

CTAS

DECK

EPAM

FAST

FICO

FTXL

GRMN

IDXX

IFNNY

INTU

ISRG

LULU

MNST

MPWR

NFLX

ODFL

PLAB

REGN

SMCI

SNPS

SOXX

STLD

TTWO

VRTX

Press Releases

Applied Materials Announces Q1 FY2024 Earnings Webcast

Applied Materials Announces Supplier Excellence Awards

Earnings

Applied Materials Announces First Quarter 2024 Results

Opinion

Thinking about trading options or stock in Advanced Micro Devices, Qualcomm, Applied Materials, Meta Platforms, or NiSource?

Applied Materials to Participate in the Morgan Stanley Technology, Media & Telecom Conference

General

Applied Materials Expands Patterning Solutions Portfolio for Angstrom Era Chipmaking

Dividends

Applied Materials Increases Cash Dividend by 25 Percent

Applied Materials Earns Intel's 2024 EPIC Distinguished Supplier Award

Bloom Energy Appoints Daniel Berenbaum as Chief Financial Officer

Applied Materials Announces Q2 FY2024 Earnings Webcast and CY2023 WFE Market Summary

MRAM

NATI

Axcelis Technologies, Inc. - Common Stock

Axcelis Technologies

ACM Research, Inc. - Class A Common Stock

ACM Research

Aehr Test Systems

Amkor Tech

ASML Holding N.V. - New York Registry Shares

ASML Holding

Atomera

Cohu

DAQO New Energy Corp. American Depositary Shares, each representing five ordinary shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Applied Mat Stock (NASDAQ:AMAT), Short Interest Report

People Also Watch