Jefferies Lists Preferred Semiconductor Capital Equipment Stocks
- Jefferies analyst Mark Lipacis' analysis of transistor count in CPUs supported his thesis of secular demand for wafer fab equipment.
- CPU die sizes have increased by 5x - 9x for Intel Corp (NASDAQ: INTC) and Apple Inc (NASDAQ: AAPL) over three to five years.
- He views the current risk-reward as "particularly compelling" based on the current 25% discount to the market at which many of these stocks traded.
- Lipacis has a Buy on his preferred semiconductor capital equipment stocks KLA Corp (NASDAQ: KLAC), Applied Materials Inc (NASDAQ: AMAT), Lam Research Corp (NASDAQ: LRCX), ASML Holding NV (NASDAQ: ASML), and ACM Research Inc (NASDAQ: ACMR).
- Price Action: ASML shares traded lower by 0.86% at $648.45 in the premarket on the last check Friday.
Latest Ratings for KLAC
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Morgan Stanley | Maintains | Equal-Weight | |
| Jan 2022 | Needham | Maintains | Buy | |
| Jan 2022 | Susquehanna | Maintains | Positive |
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Posted-In: BriefsNews Small Cap Analyst Ratings Tech
