We came across a bullish thesis on Applied Materials, Inc. on CompoundingLab’s Substack. In this article, we will summarize the bulls’ thesis on AMAT. Applied Materials, Inc.'s share was trading at $219.48 as of October 13th. AMAT’s trailing and forward P/E were 26.68 and 22.94 respectively according to Yahoo Finance. Cantor Fitzgerald Keeps Overweight Rating on Applied Materials (AMAT),$225 PT Applied Materials Inc. (AMAT) currently trades at a modest 4% premium to fair value, suggesting limited near-t ...