Smaller Circuits Could Lead to Bigger Profits

Does anybody remember the days when Applied Materials (AMAT) was loved? In the 1990s, I followed Applied around like a puppy. No more. I can hardly bring myself to dial in to the conference calls. But with the stock 1 point away from its 52-week high, I guess I'll crawl off the couch and make the sacrifice to listen in. Tonight, after the close, Applied Materials is expected to report its second fiscal quarter and investors are expecting great things.

Applied Materials isn't the only wafer fab name on the move. On Wednesday, Lam Research LRCX hit a 52-week high. Even lowered guidance can't keep KLA-Tencor (KLAC) down. KLAC is just 2 points off its 52-week high. Kulick & Soffa (KLIC) is the only name on my list of favorites that is flat on its back....450 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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