Applied Materials: Jim Cramer's Approach to the Stock

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In the fiscal 2021 second quarter ended May 2, Applied Materials  (AMAT) - Get Applied Materials, Inc. Report posted revenue of $5.58 billion, soaring 41% from $3.96 billion last year. The FactSet analyst consensus called for $5.41 billion in the latest quarter.

Net income registered $1.33 billion, or $1.43 per share, in the latest quarter, up from $755 million, or 82 cents a share, a year ago. The analyst consensus called for $1.49 a share in the latest quarter.

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