Bank of America, Johnson & Johnson, Six Flags Entertainment, Citigroup and Applied Materials: Why These 5 Stocks Are on Investors' Radars Today
BAC, JNJ, FUN, C, AMAT were among the stocks seen trending among investors on Tuesday, Oct. 13, 2026.
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BAC, JNJ, FUN, C, AMAT were among the stocks seen trending among investors on Tuesday, Oct. 13, 2026.
Applied Materials stock fell 7% on investor day, its sixth straight loss. Cantor Fitzgerald kept an $850 target, implying 85% upside.
Applied Materials presented its 2030 growth targets at SEMICON West, expecting wafer fab equipment spending to grow faster than the past decade. The company targets 54% non-GAAP gross margin and 40% non-GAAP operating margin by 2030, with plans to gain over 2 percentage points of WFE market share. Applied is investing $5 billion in its new EPIC Center in Silicon Valley and doubling R&D lab and manufacturing capacity by 2030 to capitalize on AI infrastructure expansion.
Chip stocks sold off after a 5% KOSPI plunge, with Micron and Applied Materials sinking, while J&J fell despite a guidance raise.