Magic Formula Links 8/24/2011
Now, onto Magic Formula news...
Applied Materials (AMAT) Reports Earnings
Applied Materials, the world's largest semiconductor equipment firm, reported better-than-expected earnings but lower-than expected guidance. A few key points. One, foundries seem to be dramatically reducing equipment orders, which will probably affect other MFI stocks like KLA-Tencor (KLAC) and Nova Instruments (NVMI) as well. On the other hand, they were bullish on solar, boding well for GT Advanced Tech (GTAT) and Power-One (PWER)
Other interesting articles concerning MFI stocks today:
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