AMAT vs BAC: Which Is the Better Buy?

Side-by-side comparison of Applied Materials, Inc. and Bank of America Corporation — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-22.
Applied Materials, Inc. · Technology
$394.33
-58.9% upside to fair value
Grade C High Quality
VS
Bank of America Corporation · Financial Services
$53.95
-36.2% upside to fair value
Grade C
QuantHub Verdict
BAC has more upside to fair value (-36.2%). BAC trades at a lower forward P/E (12.3x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMAT BAC
Current Price $394.33 $53.95
Fair Value Estimate $162.08 $34.41
Upside to Fair Value -58.9% -36.2%
Market Cap $312.9B $387.2B
Forward P/E 39.9x 12.3x
EV / EBITDA 31.6x 12.7x
Price / Sales 11.1x 2.2x
Price / FCF 50.5x 30.7x
Revenue Growth YoY -2.1% -35.6%
Gross Margin 48.7% 63.2%
Operating Margin 29.1% 22.9%
Return on Equity 38.9% 10.5%
Dividend Yield 0% 0%
FCF Yield 1.98% 3.26%
Analyst Consensus Strong Buy Strong Buy
Investment Thesis
AMAT — Applied Materials, Inc.
Applied Materials, Inc. is a leading global provider of semiconductor and display equipment, specializing in materials engineering solutions critical to chip manufacturing. The company benefits from a durable competitive moat supported by its market leadership, innovation engine with over 8,500 patents since 2013, and a strong management team led by CEO Gary E. Dickerson. Despite these strengths,…
BAC — Bank of America Corporation
Bank of America Corporation is a leading diversified bank with $3.41 trillion in assets and a broad footprint across consumer banking, global markets, wealth management, and corporate banking. The company benefits from a strong market position and experienced leadership under CEO Brian T. Moynihan. However, the stock is currently overvalued, trading approximately 36% above its fair value estimate…
Accumulation Zones
Metric AMAT BAC
Zone Low $121.56 $25.81
Zone High $137.77 $29.25
In Buy Zone? No No
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