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Today’s Research Reports on Trending Tickers: Applied Materials and Lam Research Corp.

NEW YORK, NY / ACCESSWIRE / March 7, 2018 / U.S. markets had a topsy-turvy as concerns of a potential trade war, a result of tariffs proposed by President Donald Trump, continue to worry investors. The Dow Jones Industrial Average hit a low of 24,708.41, before settling to close at 24,884.12, an increase of 0.04 percent, while the S&P 500 Index hit a low of 2,711.26, before settling to close at 2,728.12, an increase of 0.26 percent. Major Indexes fell in Tuesday trading after Bloomberg News reported President Trump believes top economic advisor Gary Cohn could resign due to the new proposed tariffs on imports of steel and aluminum.

RDI Initiates Coverage on:

Applied Materials, Inc.
https://rdinvesting.com/news/?ticker=AMAT

Lam Research Corporation
https://rdinvesting.com/news/?ticker=LRCX

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Applied Materials' stock moved 4.10% higher Tuesday, to close the day at $59.99. The stock recorded a trading volume of 23,269,604 shares, which was above its three months average volume of 13,817,910 shares. In the last year, Applied Materials' shares have traded in a range of 36.75 - 60.89. The share price has gained 63.24% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $54.46 is greater than its 200-day moving average of $52.43. Shares of the company are trading at a Price to Earnings ratio of 22.59. Shares of Applied Materials have gained roughly 19.38 percent in the past month and are up 17.35 percent year-to-date.

Access RDI's Applied Materials, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMAT

On Tuesday, shares of Lam Research Corporation recorded a trading volume of 7,636,315 shares, which was above the three months average volume of 3,449,781 shares. The stock ended the day 4.91% higher at 207.94. The share price has gained 77.82% from its 52-week low with a 52-week trading range of 116.94 - 219.70. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $190.38 is greater than its 200-day moving average of $188.64. Shares of the company are trading at a Price to Earnings ratio of 22.84. Shares of Lam Research Corporation have gained roughly 16.6 percent in the past month and are up 12.97 percent year-to-date.

Access RDI's Lam Research Corporation Research Report at:
https://rdinvesting.com/news/?ticker=LRCX

Our Actionable Research on Applied Materials, Inc. (NASDAQ:AMAT) and Lam Research Corporation (NASDAQ:LRCX) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com