KLA Surges 42% in a Year: How Should Investors Play the Stock?
KLACKLA(KLAC) ZACKS·2024-10-18 00:06

KLA (KLAC) shares have outperformed the Zacks Computer & Technology sector as well as its peers Applied Materials (AMAT) and Lam Research (LRCX) over the past year. While KLA's shares have returned 42.4%, Applied Materials and Lam Research gained 30.5% and 15.4%, respectively, over the past year. The broader sector has appreciated 40.5% over the same time frame. The uptick can be attributed to the robust performance of the wafer inspection segment, fueled by increasing demand for advanced wafer inspection a ...