Applied Materials (AMAT) Beats Earnings & A Bullish Trade

Applied Materials (AMAT) earnings were released yesterday, May 18th, postmarket. The company beat on both adjusted EPS and revenue. George Tsilis discusses AMAT as Citigroup, Mizuho, and Needham have a buy rating on the stock, while Barclay's has an underweight rating and Evercore ISI has an outperform rating. He then demonstrates an example trade using AMAT. The trade type is buy a call and the direction is bullish. Tune in to find out more about the stock market today.

Trading 360

19 May 2023

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