Applied Materials Just Over 9%, on Track for Record High -- Data Talk

Applied Materials, Inc. (AMAT) is currently at $62.09, up $5.13 or 9.01%

-- Would be new all-time high (Based on available data back to Oct. 23, 1972)

-- On pace for largest percent increase since Jan. 24, 2019, when it rose 10.23%

-- Earlier Friday, Nomura upgraded Applied Materials to but from neutral and raised its price target to $60.00/share from $40.00/share, Benzinga reported. Nine other first raised their price target on Applied Materials, Benzinga said

-- On Thursday, Applied Materials reported fourth-quarter revenue of $3.75 billion, about flat with a year earlier, and ahead of Wall Street analysts' consensus at $3.68 billion, Barron's reported

-- Currently up five of the past seven days

-- Up 14.43% month-to-date

-- Up 89.65% year-to-date; on pace for best year since 1999, when it rose 196.78%

-- Up 75.4% from 52 weeks ago (Nov. 16, 2018), when it closed at $35.40

-- Would be a new 52 week closing high

-- Up 114.18% from its 52 week closing low of $28.99 on Dec. 24, 2018

-- Traded as high as $62.24; highest intraday level since March 13, 2018, when it hit $62.24

-- Up 9.27% at today's intraday high; largest intraday percent increase since Jan. 24, 2019, when it rose as much as 10.51%

-- Best performer in the S&P 500 today

-- Second most active stock in the S&P 500 today

-- Best performer in the Nasdaq 100 today

-- Third most active stock in the Nasdaq 100 today

All data as of 10:29:19 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 15, 2019 10:59 ET (15:59 GMT)

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