Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In
If you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview before you move your money. There's a BETTER AI stock to buy than NVDA right now, especially in the coming $7 trillion A.I. boom.
Financials
| Curr Year EPS Estimate | 3.91 |
| Next Quarter EPS Estimate | 0.88 |
| Profit Margin | -0.01 |
| Return on Assets | 0.06 |
| Return on Equity | -0.03 |
| Revenue | 3,054,967,040 |
| Earnings Per Share | -0.60 |
| Revenue Per Share | 78.90 |
| Gross Profit | 941,636,000 |
| Quarterly Revenue Growth | -0.10 |
General
| Name | Applied Industrial Technologies, Inc |
| Ticker | AIT |
| Exchange | NYSE |
| Sector | Industrials |
| Industry | Industrial Distribution |
| Currency | USD |
| Country | USA |
| Fiscal Year End | June |
| Full Time Employees | 6,054 |
About Applied Industrial Technologies, Inc
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, machinery and robotics automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and offers motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company offers equipment repair and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.
Dividend
Applied Industrial Technologies, Inc pays out a dividend of $1.28 per share, with a dividend yield of 0.77%.
AIT's last dividend payment was made to shareholders on February 26, 2021.
They pay out 34.96% of their earnings out as a dividend.
Recent Dividends
| Feb 29, 2024 | $0.37 |
| Nov 30, 2023 | $0.35 |
| Aug 31, 2023 | $0.35 |
| May 31, 2023 | $0.35 |
| Feb 28, 2023 | $0.35 |
| Nov 30, 2022 | $0.34 |
| Aug 31, 2022 | $0.34 |
| May 31, 2022 | $0.34 |
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