Watching Applied Materials, Inc.

dots Posted on April 10, 2006 , filed under Stocks | Print This Post

AMAT, Applied Materials, Inc. looks like it is dropping as a result of a UBS downgrade today. The company engages in the development, manufacture, marketing, and service of integrated circuit fabrication equipment for the semiconductor industry worldwide. AMAT is currently trading at $17.75. If the stock trades below $17 I will likely purchase some shares of the company.

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