The following includes a growing list of companies whose stock are trading in single digits despite a market cap exceeding $5B as investors no longer need to venture into the minefield of micro-cap stocks for tremendous volatility and trading opportunities. It is not meant to be a complete list, but represents well-known companies across a variety of sectors which offer the potential for high returns once the current market pessimism passes and economic growth returns.
There is a considerable amount of talk in investment and research communities these days about the cost of solar power generation. Even though the cost of solar power today from sources such as photovoltaic [PV] and solar thermal is more expensive than traditional forms of power generation utilizing resources such as coal and natural gas, many believe that in the long term solar power will achieve cost parity with traditional forms of grid power. For the reasons stated below, I believe that solar power generation is on track to achieve grid parity in the next few years without
4/11 - "Credit Suisse analyst Satya Kumar downgraded Applied Materials shares to "Neutral" from "Outperform" on Monday, saying its stock is "trading purely on solar" without factoring in several risks...Goldman Sachs analyst James Covello also said investors are "ascribing too high a multiple to Applied's solar business" in a March 27 note.
Applied's thin-film products have not yet been tested in commercial production. However, the market is valuing its earnings potential at the same level as one of the leading thin-film companies, First Solar Inc., according to Covello. He also said inves...
4/2 - "Although Cramer has not been thrilled with semiconductors, particularly AMAT, he now likes the stock because of its underreported connection with solar energy. Not only is the company producing solar panels for houses, but is set to be the “Henry Ford of solar” and mass-produce the panels for solar facilities...Cramer sees as much as a 50% upside in the stock."
4/7 - "Citigroup’s Timothy Arcuri swapped Applied off of his firm’s “Top Picks Live” list, which sounds more like a bad reality TV show than a list of stock picks, replacing it with KLA Tencor (KLAC). Arcuri still has a Buy rating on AMAT."
"Credit Suisse’s Satya Kumar this morning hut his rating on AMAT to Neutral from Outperform, although he also raised 2009 estimates on the company...Kumar contends the stock is now embedding a rich $7.7 billion valuation on the solar business. He also thinks the economics of AMAT’s solution are high relative to market requirements. He says the goal of $...
Even in these uncertain times, there are stocks that have far better odds of outperforming than others. Yup, for a minute, just forget about all the different industries, economic guessing games, earnings-valuation time lags and the rest of the market rand...
According to the WSJ, Applied Materials ( AMAT ) is strengthening its position in the solar space. The company announced a $1.9 bln deal, its largest in history, with an unidentified buyer outside of the U.S. to help outfit factories in solar panel production. The factories are expected to produce solar photovoltaic modules that are capable of generating electricity on a scale of a gigawatt. The deal highlights the company’s recent efforts in expanding beyond the chip-manufacturing business. AMAT shares gained nearly 8% on the ne...
Applied Materials manufactures semiconductors and fabrication equipment for the semiconductor industry worldwide. Some predict that these businesses will suffer in 2007 due to a chip glut. That may be true, but Applied Materials is clearly a market leader in this important business. The shares appear to be fairly priced, and the company has some very interesting long-term growth prospects. I own AMAT indirectly through an investment in the Clean Energy ETF (PBW) and I do not plan to buy it in its own right.
Applied Materials is a former highflier of the 1990s which has come down to earth.
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
AMAT
About Applied Materials Inc
- Answers.com
