3 Electronics Stocks to Buy From a Challenging Industry
KLA(KLAC) ZACKS·2024-07-27 00:55
The Zacks Electronics – Miscellaneous Products industry has been suffering from challenging macroeconomic conditions, high levels of inventories with distributors and steep interest rates. The global economic turmoil is expected to keep the semiconductor capex under check, which does not bode well for industry participants in the near term. However, players like KLA (KLAC) , Flex (FLEX) and Daktronics (DAKT) are benefiting from higher spending on advanced technologies, including augmented reality (AR) and v ...