Giota,
1st, Welcome to the AMAT thread, glad to have you aboard.
I will provide you with a chart link from dailystocks.com
to show you the last 5 years performance of AMAT.
chart4.bigcharts.com
If you are not familiar with Semi-manufacturing stocks they are not
for the faint of heart since they tend to be very volatile, and are
prone to very dramatic price swings, depending on the semi industry
economic/business cycles. Do a little background research on the
company, its competitors and the semi-chip industry. Be aware of
what you are getting into and don't put all your eggs in 1 basket.
AMAT is, and has been, a long term play for many investors. Short
term investors have and will continue to make money with the stock,
but caution and dilligence are a must for this type of short term
trading. This year appears to have some "built in" volatility caused
by the Asian monetary/market crisis and the stock may respond to
other external influences in spite of great management, great
products, largest semi-equip manufacturer, $1.7 Billion backlog, etc.
Disclaimer:
I have a VERY LARGE stake in AMAT and will continue to buy at what
I consider bargain prices at $27 and below and will take some profits
on gains of 25+ % price points if it seems prudent.
My advice, research as I recommended above, and invest with clear
goals and a plan in place to cover any "contingencies" that may arise.
Good Investing,
BB |
