2 Brilliant Ways Applied Materials is Investing in the Future
Applied Materials' (NASDAQ: AMAT) share price has been doing pretty well lately. The stock has jumped 75% over the past 12 months and 33% over just the past six months. While this growth is good, investors are likely wondering if the company will be able to keep up the momentum in the future.
So let's look at two smart ways Applied Materials is investing in its future to help determine how the company is positioning itself in the coming years.
Applied Materials makes equipment that smartphone makers and consumer electronics companies use to manufacture semiconductors, displays, and other components. One huge way the company is using its manufacturing prowess to bet on the future is by pivoting toward organic light-emitting diode (OLED) display manufacturing.
Source: Fool.com
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