$KLA(KLAC.US)
This week’s whipsaw shows short-term traders are just reacting to headlines. Bears panicked over memory supply chain rumors yesterday, then the stock bounced today after a strong analyst price target upgrade.
The bigger story is advanced packaging process control. As chip designs get more complex, KLA’s inspection and metrology leadership becomes more valuable.
I added shares today. A premier monopoly shouldn’t be treated like a trading vehicle, so I’m buying while the market argues over near-term targets.
@Bridge Buzz SG
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