This article examines brokerage recommendations for KLA (KLAC), noting its average brokerage recommendation (ABR) of 1.77, suggesting a “Buy.” However, it cautions against relying solely on ABR due to inherent positive bias in sell-side analyst ratings. Instead, it advocates for combining ABR validation with the Zacks Rank, a proprietary stock rating tool based on earnings estimate revisions, which currently rates KLA as a “Strong Buy.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
KLA (KLAC) Is Considered a Good Investment by Brokers: Is That True?
This article examines brokerage recommendations for KLA (KLAC), noting its average brokerage recommendation (ABR) of 1.77, suggesting a “Buy.” However, it cautions against relying solely on ABR due to inherent positive bias in sell-side analyst ratings. Instead, it advocates for combining ABR validation with the Zacks Rank, a proprietary stock rating tool based on earnings estimate revisions, which currently rates KLA as a “Strong Buy.”