Stock is Strong on Strong Demand

Covid-19 began a trend we may see for years to come. Those whose jobs can be done at home will likely continue as businesses will realize the cost savings of reducing office space.

Employees working from home need proper home offices filled with technology such as laptops, desktop computers, network equipment, etc. The trend of needed more technology in the home is great for this company.

KLA (KLAC) is a $30 billion semiconductor solutions company. Its technology helps chipmakers reduce defects and manufacturing errors through inspection and measuring equipment. KLA's services demand increases with chipmakers increasing production as shown in the most recent quarterly report of record sales.

KLA's shares have rebounded to new all time highs and the rally should continue with more people working from home.

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Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.

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