Where Will Applied Materials Stock Be in Five Years?

Applied Materials (NASDAQ: AMAT) stock price has surged nearly 400% in the past five years, crushing the broader market handsomely as the growing demand for semiconductor manufacturing equipment has supercharged the company's top- and bottom-line growth.

However, investors who have missed out on this impressive rally need not worry. Things are about to get better for Applied Materials in the next five years as the world's appetite for semiconductors is increasing by leaps and bounds. In simpler words, Applied Materials is sitting on stronger growth drivers now than it was five years ago. Let's see why.

Source Fool.com