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Jim Cramer Advises Buying Applied Materials (AMAT) in Batches, Suggesting to Wait for a Further 10% Drop
On September 1, Mad Money host Jim Cramer remarked that Applied Materials (AMAT) shares are down $300 from their high. He advised investors to buy a small portion now and then wait for a potential further 10% decline to add more, aiming for a better average cost. Applied Materials is a key semiconductor equipment supplier, benefiting from the AI hardware wave but operating in a cyclical business. The company maintains steady institutional participation, with limited bearish positioning.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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