Applied Materials, Inc.
Long

LONG $AMAT

Even though AMAT recently missed earnings this quarter and received a sell recommendation by many analysts, I see this as a good buy opportunity. We have seen steady upward growth from AMAT and they've had pretty unusual volume when it comes to recent earning plays. I see consistent support in these troughs, the RSI is recovering and believe this stock will bounce back in a big way the next couple months. Something I am personally holding in my portfolio.

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