KLA Stock Price Increases 15% YTD: How Should You Play It Now?

KLA Corporation’s (KLAC) shares have gained 15.4% year to date, outperforming the broader Zacks Computer and Technology sector’s decline of 7.9% and the Electronics - Miscellaneous Products industry’s slip of 0.7%.KLAC has also outperformed its industry peers, including Garmin (GRMN) , Flex (FLEX) and Rockwell Automation (ROK) , in the same period.Year to date, Garmin shares have returned 1.9%, while Flex and Rockwell Automation declined 5.2% and 9.5%, respectively.The momentum in KLAC shares is driven by r ...