Just bought at a price of just under € 140/share.
$AMAT (-6,94 %) is essential for semiconductor production and has been massively punished in recent weeks. After being priced at €220/share a good six months ago, I'm now happy to take the 40% discount.
Facts:
- Forward P/E ratio currently at 18.5 and forward EV/EBIT even only at 13.5
- Net debt free
- Dividend growth at just under 15% CAGR in the last 10 years
- Current dividend yield at 1.1%
I will continue to buy here if the value falls.
