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Home > Boards > US Listed > Computers - Semiconductors > Applied Materials (AMAT)

NEW YORK , March 26, 2012 /PRNewswire/ --

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Sergey777   Sunday, 04/22/12 01:46:36 AM
Re: None
Post # of 910 
NEW YORK , March 26, 2012 /PRNewswire/ -- Applied Materials Inc. (NASDAQ: AMAT: $13 ) has been picked by S&P Capital IQ as its Focus Stock of the Week. AMAT carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.

"We think all of AMAT's business segments should improve from current levels in the coming months," said Angelo Zino , equity analyst at S&P Capital IQ. "While we believe the company's Silicon segment has already shown signs of rebounding from trough levels, we expect to see order improvement from both the display and solar-related businesses as the calendar year progresses. We anticipate that foundry and flash memory companies will be the key drivers in the projected rebound for AMAT's semiconductor equipment business."

$AMAT support 10.72 resistance 12.96 short target 10.72

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