KLA-Tencor stock: buy or sell?
Dec 1st, 2020
KLA-Tencor stock brief
- After marking all-time highs on Tuesday, KLA-Tencor closed at $256.66 rising a 1.86%
- KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide.
Should I buy KLA-Tencor stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $KLAC stock a buy?
In the current situation of KLA-Tencor there is not any eligible buy setup. This doesn't mean we expect a selloff for $KLAC in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell KLA-Tencor stock?
How to know when is it time to sell KLA-Tencor?. Much like when we have to buy shares, determining when is appropiate to sell is not a random decision, and we must follow our own trading strategy. When selling, as well as buying, detailed setups are very simple to follow and are only valid for selling stocks you already own, not for selling short KLA-Tencor stock
A guiding principle is that you should never keep a trade that produces greater losses than those expected at the time of purchase. The timing to sell your stock must always be dictated by the stop-loss (automatic or manual)
Is it time to sell KLA-Tencor stock?
Currently, KLA-Tencor stock doesn't match any of our preferred sell setups, so if you own KLA-Tencor stock and your operation is in profit probably is not time to sell now
In the last month, just one analyst rating was published for KLA-Tencor
|Nov 23rd, 2020|
KLA-Tencor stock analysis
Since last September, KLA-Tencor has been printing an uptrend that by now marked an amazing 50.40%. The price line shows higher peaks and troughs, and along the way gave very few entry points for those who wanted to enter. Latest low was last October, when price bounced at $189.48. KLA-Tencor broke out above $222.68 (its last top) in early November. That breakout was a good buy point that resulted in a 15.26% gain
$KLAC at new All-time Highs
KLA-Tencor did it again, and reached all-time highs (ATH) on Tuesday at $258.62. Stock rallied fast in the last 2 weeks, cracking new all-time highs 7 times
Supports and resistances
Price is at all-time highs and there are not upper resistance levels.
The current support levels are:
The price is trading near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks
Relative strength index
Climbed over the 70 level Tuesday, with a value of 73.79. The fact that the value is above 70 does not imply a sell point, as stocks can rally during several weeks being in the overbought zone
KLA-Tencor stock price history
KLA-Tencor IPO was on Oct 8th, 1980 at $0.64 per share1. Since then, KLAC stock has risen by 40,003.13%, with an average of 1,000.08% per year. An investment of $1,000USD on Oct 1980 would worth $401,031.25 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for KLA-Tencor stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions release their price estimates based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental information by the company, and many times. Again, these targets are not direct recommendations for small investors and should not be followed blindly.
There is just one price target available for KLA-Tencor that forecasts a price of $266.00.
|Brokerage firm||Price target|
|Nov 23rd, 2020|
|KeyCorp||$246.00 → $266.00|
Earnings and financials
KLA Corporation ($KLAC) published earnings of $3.03 per share last October, slightly beating the Market consensus estimate of $2.77 per share. This Q1 report represents an earnings surprise of 9.39%. On the contrary, the company said turnover for Q1 was $1.5 billion consistent with analysts' forecasts.Compared to the same quarter one year ago, EPS was $2.48, so posted EPS is a improvement of 22.18%. Revenue climbed a 8.86% on an annualized basis in the , from $14.1B to $15.4B last quarter.
KLA-Tencor ($KLAC) is releasing quarterly financial report next February. Analysts expect of $3.17, that is a 4.62% more than previous quarter.
KLA-Tencor is part of the Semiconductor Equipment & Materials industry, which contain 22 industry peers.
KLA-Tencor main competitors are:
|Company||Market cap||Rating||Bullish ratings1|
|Applied Materials ($AMAT)||$66.5B||Buy||11|
|Lam Research ($LRCX)||$65.7B||Buy||1|
|Teradyne ($TER)||$18.0B|| ||1|
|IPG Photonics ($IPGP)||$10.8B||Buy||2|
1 In the last 30 days.
To better understand KLA-Tencor performance you must compare its gains with other related stocks in same sector or industry.. For KLA-Tencor, the benchmark is made against ASML, Applied Materials, Lam Research, Teradyne, Entegris and IPG Photonics.
|Applied Materials ($AMAT)||40.80%||33.50%||46.40%|
|Lam Research ($LRCX)||30.10%||33.80%||63.80%|
|IPG Photonics ($IPGP)||15.00%||28.30%||28.20%|
Disclaimer:The comments written in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have an understanding of the specific scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for learning purposes only
|Tuesday, December 1st, 2020|
|Day range||$252.6 - $258.62|
|Average true range||$7.90|
|50d mov avg||$214.30|
|100d mov avg||$205.72|
|200d mov avg||$184.63|
|Earnings date||February 2nd, 2021|