Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Cyrus who wrote (25483)5/20/2017 7:21:16 AM
From: The Ox1 Recommendation

Recommended By
Tobias Ekman

  Read Replies (1) | Respond to of 25496
For people who follow the company can these guys sustain this growth momentum?
If you mean can they produce numbers like this going forward:
Net income$824 PrevQ $703 LYQ $320 QOQ 17% YOY158%

I doubt it. Pretty hard to generate #s like that unless you have a really weak quarter for comparison. At the same time, it's not hard to take these statements at face value:
“Applied Materials delivered the highest quarterly revenue and earnings in our history, and we’ve now set new earnings records for four quarters in a row,” said Gary Dickerson, president and CEO. “Across the company we have tremendous momentum as our markets are strong and getting stronger, and we’re sustainably growing faster than these markets by expanding our served opportunity and gaining share.”

(keeping in mind that in this industry, it always looks like the good times will continue forever right before -or at- the peak in the cycle)

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