SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Return to Sender who wrote (15411)5/26/2004 11:32:00 AM
From: Donald Wennerstrom  Read Replies (2) of 95616
 
From Business Wire on AMAT

home.businesswire.com

<<CHICAGO--(BUSINESS WIRE)--May 26, 2004--Today Zacks.com releases the names of 4 more stocks that are on their coveted Brokerage Buy List portfolio. This portfolio includes just those stocks that currently appear on the core recommended lists of at least three of the top 15 brokerage firms. These stocks are considered the best large cap stocks to own for the long term according the Wall Street's top players. In 2003 this portfolio gained +28.5% outpacing the S&P 500. Here are 4 stocks that are currently members of this prestigious list: Applied Materials (NASDAQ:AMAT), ChevronTexaco Corporation (NYSE:CVX), IBM (NYSE:IBM) and Microsoft Corporation (NASDAQ:MSFT).>>

[snip]

Applied Materials (NASDAQ:AMAT) is a semiconductor equipment maker that has received nothing but upward earnings estimate revisions over the last couple of months. And last week the company reported net sales of $2.02 billion, up +30% from $1.56 billion for the first fiscal quarter of 2004, and up a whopping +82% from $1.11 billion for the second fiscal quarter of 2003. Net income for the second fiscal quarter of 2004 was $373 million, or 22 cents per share, up from a net loss of ($62 million) or (4 cents) per share, for the second fiscal quarter of 2003. New orders of $2.21 billion for the second fiscal quarter of 2004 increased +32% from $1.68 billion for the first fiscal quarter of 2004, and increased an even bigger +128% from $971 million for the second fiscal quarter of 2003. Analysts at three of the top brokerage firms feel the company is a cornerstone holding for the long-term.>>

[snip]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext