The Latest Breaking News from KLAC

KLA Corporation has lagged behind the broader market over the past year, though Wall Street analysts maintain a cautiously optimistic outlook on its future.

March Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies.

Despite KLA Corporations’ recent underperformance relative to the S&P 500 Index, Wall Street analysts remain moderately optimistic about the stock’s prospects.

As analysts call for defensiveness in the semiconductor sector, this top equipment maker stands out.

With 2024 nearing its finale, here are three budget-friendly stocks to consider this month for potential gains.

KLAC MOVES UP 2.6% AT ITS HIGH AFTER ALERT

The semiconductor industry has witnessed significant growth, driven by rising demand for devices, technological breakthroughs, and advancements. In this thriving landscape, Taiwan Semiconductor Manufacturing (TSM), KLA Corporation (KLAC), and QUALCOMM (QCOM) stand out with their strong fundamentals, positioning them as top contenders in the industry’s future. Read on….

KLA Corporation has trailed the broader market over the past year, while Wall Street analysts remain cautiously bullish on its prospects.

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.28% this morning as strong quarterly results from Alphabet boosted sentiment, while investors also awaited a fresh batch of U.S. economic data and earnings reports from “Magnificent Seven” companies Microsoft and Meta.