|i Gand TO,|
The merger and tax inversion was a source of funds for a huge stock buy back plan -5 billion a year.
That went down the tubes with the merger canceled.
Amat pays a 40 cent dividend.
So does Brks and it is below $10.00, as it reports earnings on the 6th AH.
So Amat can get cheaper!
Brks has collapsed from 13.50's and Cohu has also collapsed from the 13 80's.
Both debt free and a lot of cash in the bank around 3 bucks,but Brooks has more shares.
I've sold some puts on both.
They'll net me in the low 9's with a yield on brks over 4%.
Solid companies to own and let grow over the long run IMO