Applied Materials: Ride the AI Equipment Wave While the Street Debates Valuation
Applied Materials (AMAT) sits at the center of AI infrastructure buildout. The stock is trading near $349 with a market cap of roughly $277B, generating $6.2B of free cash flow in fiscal 2025 and returning the majority of cash to shareholders. This trade idea lays out an actionable long with precise entry, stop and target levels, an explicit 180-tr…