KLA(US:KLAC) Seeking Alpha·2025-10-24 12:00Core Insights - KLA Corporation (NASDAQ: KLAC) has been rated as Hold since July 24, 2025, due to excellent execution and increasing structural weight in process control, although the stock price has outpaced its fundamentals [1] Company Analysis - KLA Corporation's stock has increased significantly, indicating a potential disconnect between its current valuation and underlying fundamentals [1] - The company operates in the semiconductor sector, which is characterized by high barriers to entry and oligopolistic market conditions, making it an attractive investment area [1] Analyst Background - The analyst has a background in Mechanical Engineering and has transitioned from the oil and gas sector to focus on technology investments, particularly in semiconductors, robotics, and energy [1] - The investment approach emphasizes growth at a reasonable price with a mid- to long-term investment horizon, targeting companies with strong market positions [1]