Read This If You Think Applied Materials Stock Is Your Best Semiconductor Bet
- Friday, January 28, 2022, 7:17
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We think that Advanced Micro Devices Inc. currently is a better bet compared to Applied Materials Inc.. AMD stock trades at 9x trailing revenues, much more than that of AMAT, whose P/S multiple stands at 5.6x. Does this gap in the companies’ valuations make sense? We believe it does and we only…
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