3 Semiconductor Stocks to Buy After the Selloff — Bank of America’s Picks
Bank of America says the sharp July selloff in Applied Materials, Lam Research and KLA is a buying opportunity as chip equipment spending accelerates.
A big bank thinks three chip-equipment companies got cheaper than they should be during a recent market drop, and believes spending on these tools will grow soon. When experts think prices fell too low, it's worth watching to see if the companies' actual business improves like the experts expect.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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