APPLIED MATERIALS weekly uptrend opportunity based On 1.00 Lot Calculation:
Sector:
- MARKET SIZE and GROWTH: The Semiconductor Manufacturing Equipment market was worth roughly $94.9 billion in 2021 and might be expected to reach $153.1 billion by 2028. That represents a compound annual growth rate of over 7%.
- MARKET SHARE BY COMPANY AND BY SALES: Applied Materials had a 16.8% share of global market revenue in 2021, making it the market leader. Its next closest competitor ASML had a 15.6% share, followed by Tokyo Electron with 11.7% of the market. There are many smaller companies that together made up 36.2% of the market.
APPLIED MATERIALS (ANALYSIS AND EVENTS)
- THE COMPANY: Applied Materials is a leading manufacturer of semiconductor manufacturing equipment. It also makes manufacturing equipment for LCD screens for TV’s, smart phones, and other consumer devices. The company operates in the United States, China, Korea, Taiwan, Japan and in Europe. It was founded in 1967.
- CHIPS Bill: Applied Materials should benefit from the recently passed $52 billion CHIPS Bill in Congress. Applied Materials makes the equipment that makes the semiconductors.
- EARNINGS GROWTH and FUNDAMENTALS: Applied Materials earnings per share grew at an average rate of 27.75% per year the last four years, including 64% in 2021.
- Applied Materials’ forward P/E is 13.31, well below that of its closest competitor ASML Holding which has a forward P/E of 38.13
- EVENT: Applied Materials will report its 3rd Quarter earnings on Thursday, August 18th, after the market closes. The consensus forecast is earnings of $1.77 per share, and revenue over $6.25 billion. Applied Materials has beat the consensus forecasts for earnings and revenue 6 of the last 8 quarters.
- WALL St. ANALYSTS: The latest average price target for Applied Materials is $133.89 (Bloomberg). On August 14th, 2022, Cowen set a price target of $160. On August 4th, 2022, Morgan Stanley gave the stock a target of $115. Jefferies set a target of $158 on July 14th, 2022.
- UPSIDE POTENTIAL: Applied Materials traded at its all-time high of $167 on January 14th, 2022. It would need to climb over 51% to recapture that level from today’s price.
(#APPLIEDMAT), August 15, 2022
Current Price: 110.00
|
Applied Materials |
Weekly |
|
Trend direction |
|
|
140.00 |
|
|
130.00 |
|
|
120.00 |
|
|
102.00 |
|
|
95.00 |
|
|
85.00 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
Applied Materials |
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Pivot Points |
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|
Profit or loss in $ |
30,000.00 |
20,000.00 |
10,000.00 |
-8,000.00 |
-15,000.00 |
-25,000.00 |
|
Profit or loss in €2 |
29,451.61 |
19,634.41 |
9,817.20 |
-7,853.76 |
-14,725.81 |
-24,543.01 |
|
Profit or loss in £2 |
24,891.31 |
16,594.21 |
8,297.10 |
-6,637.68 |
-12,445.65 |
-20,742.76 |
|
Profit or loss in C$2 |
38,693.10 |
25,795.40 |
12,897.70 |
-10,318.16 |
-19,346.55 |
-32,244.25 |
- 1.00 lot is equivalent of 1000 units
- Calculations for exchange rate used as of 10:33 (GMT+1) 15/08/2022
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