35 Trending AI Stocks on Latest News and Analyst Ratings

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21. Entegris, Inc. (NASDAQ:ENTG)

Number of Hedge Fund Holders: 37

Entegris, Inc. (NASDAQ:ENTG) develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions. The firm markets specially mixed liquids and gasses that are used in semiconductor manufacturing facilities. Citi analyst Atif Malik recently upgraded the stock to Buy from Neutral with a price target of $130, up from $119. The firm updated its semiconductor equipment sector view and believes the equipment group is heading into a mid-cycle correction in the first half of 2025. While server artificial intelligence demand remains strong, consumer demand across PCs, smartphones, and auto appears lackluster, the advisory told investors in a research note. However, Citi believes Entegris’ wafer starts driven business is less cyclical than the wafer fab equipment market with 75% of the revenue is unit-driven, and that the company is in a good position to benefit from the leading-edge growth in 2025.

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