StockNews.AI
AMAT
Forbes
9 days

History Says Applied Materials Stock Slated To Soar

1. AMAT faces resistance at $180, hampering further gains. 2. Past 10-year data shows AMAT averages a 7.4% February gain. 3. Current brokerage sentiment is bearish, with room for upgrades. 4. Earnings report on Feb 13 expects EPS of $2.28, with potential volatility. 5. Historical performance post-earnings shows AMAT tends to underperform.

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FAQ

Why Neutral?

Resistance at $180 may limit upward momentum, yet past performance is positive.

How important is it?

The article highlights key technical resistance and upcoming earnings that can impact AMAT's stock.

Why Short Term?

Upcoming earnings report presents immediate volatility risks influencing price.

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