1 Artificial Intelligence (AI) Stock to Buy Right Now Before It Soars

Shares of Applied Materials (NASDAQ: AMAT) have delivered gains of 28% so far in 2024 despite undergoing a sharp pullback since hitting a 52-week high on July 10. And there is a good chance that this supplier of semiconductor manufacturing equipment could end the year with more upside.The company released fiscal 2024 third-quarter results (for the three months ended July 28) on Aug. 15. Its revenue and earnings were better than investors had expected, while the guidance also exceeded expectations.Let's take a closer look at Applied Materials' latest quarterly performance and check why this chip equipment supplier seems built for more upside.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool