Is It Finally Time to Buy This Incredibly Cheap Semiconductor Stock Following Its Latest Crash?

The year went from bad to worse for Applied Materials (NASDAQ: AMAT) investors last week when shares of the company crashed 9% following the Nov. 14 release of its fiscal 2024 fourth-quarter results (for the three months ended Oct. 27).Though the semiconductor equipment supplier's revenue and earnings exceeded expectations, the outlook wasn't solid enough to satisfy Wall Street. Not surprisingly, investors pressed the panic button. Applied Materials stock has now lost 34% of its value since hitting a 52-week high in early July this year.However, there were certain silver linings for investors in Applied Materials' latest results. Let's take a closer look at the sharp pullback in the company's stock price to see if it's a buying opportunity for investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool