The Applied Materials NASDAQ: AMAT market capitulated following the Q4 results and guidance, cratering in premarket action to gap lower and open near break-even for the year. The capitulation was caused by lackluster guidance, but the bar was high, and Applied Materials failed to impress. The takeaway for investors is that this company is well-positioned for long-term growth, has sustained positive cash flow and capital returns, and is now trading at rock-bottom prices.  Applied Materials' focus on material ...