2024-03-10 11:55:36 ET
Summary
- Applied Materials has been added to the Robo24MP Model Portfolio due to a strong SID Buy Signal.
- SeekingAlpha analysts have mixed ratings for AMAT, but the SA Quant rating gives it good grades for Profitability, Revisions, and Momentum.
- The chart shows AMAT experiencing a breakout and a pullback to test support, indicating a potential buying opportunity.
We just added Applied Materials ( AMAT ) to our Robo24MP Model Portfolio because it has our proprietary SID Buy Signal which is required to get into this portfolio. With this Robo portfolio we delete stocks when they lose our SID Buy Signal and replace them with stocks that have a strong SID Buy Signal. This is a momentum portfolio with high turnover....
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For further details see:
Added Applied Materials To Our Model Portfolio (Technical Analysis)