{
  "id": 7108261,
  "title": "Jim Cramer Calls Applied Materials (AMAT) a Long-Term Buy",
  "url": "https://urgent.news/2026/09/12/jim-cramer-calls-applied-materials-amat-a-long-term-buy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T11:30:36.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/jim-cramer-calls-applied-materials-113036796.html"
  },
  "original_language": "en",
  "account": "On September 9, Jim Cramer, host of Mad Money, expressed his long-term buy recommendation for Applied Materials, Inc. (AMAT) on his show. Cramer praised the company's growth outlook, noting that Gary Dickerson, an analyst interviewed by Cramer, mentioned Applied Materials' semiconductor equipment business expected to reach 40% revenue growth in 2026. Dickerson highlighted AI, particularly data-center demand, as a significant driver of growth, with agentic AI being a major factor. Cramer also mentioned that Applied Materials has extended customer commitments through 2030. The company's fiscal third-quarter revenue increased by 25% year-over-year to $9.12 billion, while GAAP EPS rose by 43% to $3.17. As of September 9, AMAT traded at a forward P/E ratio of 26.25, with shares closing at $468.85. China accounted for 28% of the company's fiscal third-quarter revenue, down from 35% a year earlier, and the company faced potential challenges from U.S. export controls and semiconductor spending cycles. Despite these challenges, Cramer remains confident in AMAT's long-term potential.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}