Applied Materials: Strong AI Compounder
Sundry Photography Investment Thesis I believe Applied Materials (NASDAQ:AMAT) has demonstrated strong revenue and EPS growth and this is set to continue. Over the last 10 years, Applied Materials has seen strong revenue growth. In 2014, revenue totaled $$7.51 billion; 2024 revenue is equal to $$26.52 billion, a 353% increase. Looking forward, consensus revenue estimates have shown this compounding continuing, with revenue projected to increase from $$26.94 billion in fiscal 2024 to $$37.36 billion in fisca ...