08-18-2017, 01:00 PM
Well AMAT just posted some damn good results. Revenue going through the roof was to be expected. But the margin growth (which translates to larger than expected EPS growth) as well as the very positive comments regarding 2018 from the management were something I did not expect. And the stock is essentially flat because of the large decline yesterday.
So I bought a bit more. They are not really a DGI company but they are doing exceptionally well at the moment, though I guess that's already baked into the share price since we didn't see much upwards movement today.
On a very positive note: 5 billion, out of which 2 are already in the US, are just sitting around. And the company has nice free cash flow so it's growing all the time. I'm waiting to see what they do with that. There is an investor day coming up in september, maybe we'll get a clue then.
So I bought a bit more. They are not really a DGI company but they are doing exceptionally well at the moment, though I guess that's already baked into the share price since we didn't see much upwards movement today.
On a very positive note: 5 billion, out of which 2 are already in the US, are just sitting around. And the company has nice free cash flow so it's growing all the time. I'm waiting to see what they do with that. There is an investor day coming up in september, maybe we'll get a clue then.