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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (77165)	2/14/2025 3:11:14 PM
From: Paul Senior	Respond to of 78777

EKS, I'll follow you with a tracking position in 12-mo low MRK, and with a tracking few shares also of AMAT.

To: E_K_S who wrote (77165)	2/15/2025 5:43:52 AM
From: bruwin	1 Recommendation Recommended By E_K_S Read Replies (1) \| Respond to of 78777

AMAT. According to Buffett's recommended BUY point calculation, AMAT's current target price should be of the order of ----> $7968Mil./829.5 No./0.0536 = ~$179/share. AMAT's current price = $169.20. So it seems that is in the BUY range making AMAT currently slightly cheap. If one looks at AMAT's chart .... .... we see its price went down through a support level S1 and hit support level S2 from which it rose to its current price of ~$169. It may be an idea to see what direction it now moves in and what happens should it hit S2 which is at a price of around $160, especially as that was also a previous Resistance level that it broke through at "R". If it bounces off S2 that could be a BUY position. If it breaks down through S2 that may be a "wait-and-see" situation .....