KLA Corporation (KLAC): A Bull Case Theory

We came across a bullish thesis on KLA Corporation (KLAC) on Substack by Quality Equities. In this article, we will summarize the bulls’ thesis on KLAC. KLA Corporation (KLAC)'s share was trading at $757.47 as of Jan 17^th. KLAC’s trailing and forward P/E were 34.62 and 25 respectively according to Yahoo Finance.

[caption id="attachment_1206917" align="aligncenter" width="768"] A one of a kind semiconductor process equipment machine with various parts and components.[/caption]

KLA’s shares presented a compelling investment opportunity, which has since played out as the company...