3 Electronics Stocks to Watch From a Challenging Industry
CARRCarrier (CARR) Zacks Investment Research·2024-02-15 22:41

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) , Carrier Global (CARR) and Trimble (TRMB) are benefiting from higher spending on advanced technologies, including augmented reality (A ...