Applied Materials (AMAT) upgraded to outperform

Analysts at RBC Capital Markets raised their rating on shares of Applied Materials (AMAT [1]) from "Sector Perform" to "Outperform" on Tuesday. [1] https://www.investorsobserver.com/symbols/AMAT/

InvestorsKeyhole Trade Alert

IK-> The technicals for AMAT ($38.64 down $0.06) are neutral with an upwards trend. Support has been around $35.00. Look at the Apr 26/30 bull-put spread for a 22-cent credit or better. That's good for a 5.8% return and the stock has to fall 22.4% to cause a problem. [Various news and data; InvestorsKeyhole]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Originally published on InvestorsObserver.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.