Applied Materials (AMAT) stock plunged by nearly 15% after reporting a strong Q3 but disappointing guidance for Q4 due to tariffs causing uncertainty. Bank of America analyst Vivek Arya prefers Lam Research (LRCX) over AMAT for chipmaking exposure. Despite downgrades, analysts remain optimistic with a price target of $180 and a “Moderate Buy” rating.
Read more at Yahoo Finance: Should You Buy the Post-Earnings Plunge in Applied Materials Stock?
