RE:Applied Materials outlook
I agree with what is said in this article. The long term demand is there as AI and the "Internet of Things" continues to expand.
That said though I feel that PHO is being hit by two factors. First there is a drop in decline from the Crypto's. Second, the US\China trade war will curb semi demand. I also think cyclically we are more near the end of an expansion and these areas are the last part of the cycle.
I was in way back at below $1.30 so I have sold 80% of my holdings. I will sell the balance if it breaks the 200DMA
Fish On!