Here’s What Drove Applied Materials Stock’s 4x Rise Since 2018 (Trefis Team, Contributor/Forbes: Money)

Trefis Team, Contributor / Forbes: Money
Here’s What Drove Applied Materials Stock’s 4x Rise Since 2018 – Applied Materials Inc. stock price grew more than 4x from around $33 at 2018 end to $134 currently, driven primarily by an almost 3x jump in its P/S multiple. Additionally, a steady rise in revenues and a drop in the outstanding share count further helped boost the companys share price….Applied …

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