KLA saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 94 to 96.
Lean How — And When — To Sell Stocks
The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. The best stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
KLA is now out of buy range after clearing the 896.32 buy point in a consolidation.
The stock has a 98 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 98% of all stocks.
Its Accumulation/Distribution Rating of C- shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q4, the company posted 42% earnings growth. Revenue growth fell to 24%, down from 30% in the previous quarter.
KLA earns the No. 4 rank among its peers in the Electronics-Semiconductor Equipment industry group. Lam Research is the top-ranked stock within the group.
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