Undervalued at current level of $11 a share
target price of $18
| Price | 13.11 |
| Price Change Today | 0.00 (0.00%) |
| P&P rating |  |
| Zacks Rank | 3 - HOLD |
| Open Price | $0.00 |
| Previous Close | $13.11 |
| Daily Range | $0.00 - $0.00 |
| 52-Week Range | $9.70 - $16.93 |
| Volume | 0 |
| Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games. | |
target price of $18
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
(1) Trading systems' breakdown caused crash
(2) Germany: Restoring confidence in euro top priority
(3) Cramer: No pain, no gain in this market
(4) NYSE expects all US stocks to have circuit breakers
(5) Staples 1Q net income rises
(6) The Big Money: Senate fails to end debate on bank reform bill
(7) Happy customers, happy investors?
(8) Redford on the oil disaster
(9) Who are the best CEOs ever?
(10) Markets plunge on global worries
(11) Jobless claims rise; leading economic indicators fall. Unions strike in Greece. South Korea blames North Korea for sinking its warship in March. more...
(12) What copper says about the economy
(13) Most eyes are on gold right now, but copper gives us a better read on the economy and a better way to play the recovery. more...
** Jobless claims rise by largest amount in 3 months 5/20/2010 11:55 AM
** Oil arrives on La. shore, edges into key current 5/20/2010 11:52 AM
** ITT awarded $32M contract for Qatar plant 5/20/2010 11:50 AM
** Sears' net income falls on appliance discounts 5/20/2010 11:50 AM
"Last week, S&P 500 forward earnings [estimates] soared again to $88.59 per share," economist Ed Yardeni wrote in a Thursday report for Yardeni Research. "The consensus for earnings in 2011 rose to $99.52.... Put a multiple anywhere between a reasonable range of 13-15, and the result is that the S&P 500 will be somewhere between 1300 and 1500 by the end of the year."
The selling effort has sent the Volatility Index up 25% to a new 52-week high. Options are likely playing a part in the spike since tomorrow is an options-expiration session.
Comments: 0 | Comment
Comments: 1 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment