Applied Materials (AMAT)

[Sergey777]

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 http://bit.ly/IdpWw3