Intel and two other chipmakers are best bets in sell-off, according to these traders [CNBC]
Applied Materials, Inc. (AMAT)
Last applied materials, inc. earnings: 2/12 04:01 pm
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Source: CNBC
VIDEO 1:51 01:51 : The smackdown on semis Semis stocks have been slammed. SMH semiconductor ETF AMD Broadcom Quint Tatro, president of Joule Financial, is using the sell-off as an opportunity to buy certain stocks on weakness. Two names that are at the top of his list are Applied Materials Intel "They're great fundamental stories. They've had excellent earnings and now they're getting hit and it's very, very hard to do in a tape like we're seeing today, but if you have been cautious and have had some cash on the sidelines, this is the time to step in and put some money to work," Tatro said Monday on CNBC's " Applied Materials fell 5% and Intel 4% on Monday. The two were down more than 8% in the past week. "We're buying both of those names at what we feel are attractive valuations here," said Tatro. Ari Wald, head of technical analysis at Oppenheimer, says the entire semis space may need to take pause after a steep climb. "It maybe just needs some more time to stabilize after such a te
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AMAT
Earnings
- 8/15/24 - Beat
AMAT
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- 8/22/24 - Form 10-Q
- AMAT's page on the SEC website