Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Group 1 - KLA's stock closed at $936.53, with a daily increase of +1.59%, outperforming the S&P 500's loss of 0.4% [1] - Prior to the latest trading session, KLA's shares had increased by 3.3%, lagging behind the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97% [1] Group 2 - KLA's upcoming earnings report is expected on July 31, 2025, with projected earnings per share (EPS) of $8.53, a 29.24% increase year-over-year [2] - The Zacks Consensus Estimate for KLA's revenue is projected at $3.08 billion, reflecting a 19.75% increase from the previous year [2] Group 3 - Full-year Zacks Consensus Estimates for KLA indicate earnings of $32.46 per share and revenue of $12.05 billion, representing year-over-year changes of +36.73% and 0%, respectively [3] - Recent revisions in analyst estimates for KLA are important as they reflect near-term business trends, with positive changes indicating analyst optimism [3] Group 4 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have generated an average annual return of +25% since 1988 [5] - KLA currently holds a Zacks Rank of 2 (Buy), with a consensus EPS projection that has moved 0.42% higher in the past 30 days [5] Group 5 - KLA's Forward P/E ratio is 27.8, indicating it is trading at a premium compared to the industry average Forward P/E of 19.28 [6] - KLA's PEG ratio is currently 1.72, which is comparable to the industry average PEG ratio of 1.78 [6] Group 6 - The Electronics - Miscellaneous Products industry, which includes KLA, has a Zacks Industry Rank of 139, placing it in the bottom 44% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]