Open: 1240.01 Close: 1245.67 Change: 5.66

Today's Summary

KLAC is benefiting from its strong demand for advanced semiconductor technologies, AI, and its robust service and process control business. KLAC currently carries a Zacks Rank #2 (Buy), which implies that investors should start accumulating the stock right now. CCM Investment Advisers started a position in KLA Corporation. KLA provides process control, yield management, inspection, and metrology solutions for the semiconductor and electronics industries. The forward P/E ratio is a bit on the pricey side.