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flag Pine Haven Investment Counsel sold shares of Applied Materials, but the company reported strong Q1 earnings, exceeding forecasts.

flag Pine Haven Investment Counsel Inc sold some shares of Applied Materials Inc, reducing their holdings by 3.7%. flag Despite this, Applied Materials reported strong Q1 earnings, beating estimates with $2.39 EPS and $7.10 billion in revenue. flag The company's stock is valued at $133.81 billion, with a P/E ratio of 21.80 and a beta of 1.71. flag Analysts predict 9.38 EPS for the year and several firms have issued "buy" ratings, with an average target price of $199.29.

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