Applied Materials, Inc. (NASDAQ:AMAT) is considered one of the most active stocks to buy by Wall Street analysts. Cantor Fitzgerald maintains an Overweight rating and $200 price target for AMAT. The recent disappointing report from Applied Materials was attributed to poor internal modeling and setting incorrect investor expectations.

Cantor Fitzgerald predicts that the semiconductor equipment industry will see modest growth, with wafer fabrication equipment (WFE) reaching $115 billion by 2026, a 7% increase. Applied Materials provides production equipment, software, and services to the semiconductor industry. The company operates in three segments: Semiconductor Systems, Applied Global Services, and Display & Adjacent Markets.

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Read more at Yahoo Finance: Applied Materials (AMAT) Maintains Overweight Rating as Analysts Cite Modeling Missteps