KLAC · KLA CORP · Top AI ETF

Back to holdings

KLA Corporation, together with its subsidiaries, designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. The company operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.

Close · 3M

-43.21%

Held by 2 AI ETFs

AMOM0.600%

as of Oct 16

PQUS0.520%

as of Oct 23

Signal performance

Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.

Buy signals9

Win rate0% (0/9)

Avg buy return-24.55%

AMOMnow 0.600% of fund17 signals

AMOM · Weight decrease · 2d

weight 0.620% → 0.600% (-0.020 pp)·stock down 1.9% in the 30 days before

Oct 16·entry $165.74·now $145.61

-12.15%

since Oct 16

AMOM · Weight increase · 2d

weight 0.670% → 0.700% (+0.030 pp)·stock up 12.0% in the 30 days before

Sep 29·entry $196.53·now $145.61Fresh

-25.91%

since Sep 29

AMOM · Weight increase · 3d

weight 0.620% → 0.670% (+0.050 pp)·stock up 2.4% in the 30 days before

Sep 22·entry $188.32·now $145.61Fresh

-22.68%

since Sep 22

AMOM · Weight increase · 2d

weight 0.620% → 0.660% (+0.040 pp)·stock down 1.0% in the 30 days before

Sep 21·entry $183.97·now $145.61Fresh

-20.85%

since Sep 21

AMOM · Weight decrease · 2d

weight 0.640% → 0.620% (-0.020 pp)·stock down 13.3% in the 30 days before

Sep 17·entry $168.98·now $145.61

-13.83%

since Sep 17

AMOM · Weight decrease · 2d

weight 0.690% → 0.660% (-0.030 pp)·stock down 11.6% in the 30 days before

Sep 10·entry $177.18·now $145.61

-17.82%

since Sep 10

AMOM · Weight decrease · 7d

weight 1.870% → 0.650% (-1.220 pp)·stock down 10.3% in the 30 days before

Sep 3·entry $172.94·now $145.61

-15.80%

since Sep 3

AMOM · Weight decrease · 6d

weight 1.870% → 0.660% (-1.210 pp)·stock down 11.9% in the 30 days before

Sep 2·entry $172.26·now $145.61

-15.47%

since Sep 2

AMOM · Weight decrease · 5d

weight 1.870% → 1.750% (-0.120 pp)·stock down 6.5% in the 30 days before

Sep 1·entry $170.89·now $145.61

-14.79%

since Sep 1

AMOM · Weight decrease · 4d

weight 1.870% → 1.780% (-0.090 pp)·stock down 4.0% in the 30 days before

Aug 31·entry $175.45·now $145.61

-17.01%

since Aug 31

AMOM · Weight decrease · 3d

weight 1.870% → 1.790% (-0.080 pp)·stock down 2.7% in the 30 days before

Aug 28·entry $175.54·now $145.61

-17.05%

since Aug 28

AMOM · Weight decrease · 2d

stock up 8.0% in the 30 days before

Aug 27·entry $183.77·now $145.61

-20.77%

since Aug 27

AMOM · Weight increase · 2d

stock down 9.8% in the 30 days before

Aug 25·entry $183.34·now $145.61Fresh

-20.58%

since Aug 25

AMOM · Weight decrease · 2d

stock down 13.9% in the 30 days before

Aug 19·entry $187.27·now $145.61

-22.25%

since Aug 19

AMOM · Accumulation · 5d

stock down 9.6% in the 30 days before

Aug 12·entry $208.25·now $145.61Fresh

-30.08%

since Aug 12

AMOM · Weight increase · 2d

stock down 13.7% in the 30 days before

Aug 7·entry $198.11·now $145.61Fresh

-26.50%

since Aug 7

AMOM · Sudden change · 1d

stock down 12.6% in the 30 days before

Aug 6·entry $193.22·now $145.61

-24.64%

since Aug 6

PQUSnow 0.520% of fund11 signals

PQUS · Weight decrease · 7d

weight 0.690% → 0.570% (-0.120 pp)·stock down 12.1% in the 30 days before

Oct 20·entry $161.74·now $145.61

-9.97%

since Oct 20

PQUS · Weight decrease · 6d

weight 0.690% → 0.590% (-0.100 pp)·stock down 1.9% in the 30 days before

Oct 16·entry $165.74·now $145.61

-12.15%

since Oct 16

PQUS · Weight decrease · 5d

weight 0.690% → 0.610% (-0.080 pp)·stock up 4.2% in the 30 days before

Oct 15·entry $174.46·now $145.61

-16.54%

since Oct 15

PQUS · Weight decrease · 4d

weight 0.690% → 0.630% (-0.060 pp)·stock up 6.4% in the 30 days before

Oct 14·entry $178.81·now $145.61

-18.57%

since Oct 14

PQUS · Weight decrease · 3d

weight 0.690% → 0.640% (-0.050 pp)·stock up 8.8% in the 30 days before

Oct 13·entry $184.00·now $145.61

-20.86%

since Oct 13

PQUS · Weight decrease · 2d

weight 0.690% → 0.660% (-0.030 pp)·stock up 5.2% in the 30 days before

Oct 12·entry $190.12·now $145.61

-23.41%

since Oct 12

PQUS · Weight increase · 2d

weight 0.350% → 0.720% (+0.370 pp)·stock up 19.6% in the 30 days before

Oct 5·entry $206.85·now $145.61Fresh

-29.61%

since Oct 5

PQUS · Sudden change · 1d

weight 0.350% → 0.710% (+0.360 pp)·stock up 17.2% in the 30 days before

Oct 1·entry $200.33·now $145.61

-27.31%

since Oct 1

PQUS · Weight decrease · 2d

stock down 15.9% in the 30 days before

Aug 21·entry $183.99·now $145.61

-20.86%

since Aug 21

PQUS · Weight increase · 2d

stock down 13.7% in the 30 days before

Aug 8·entry $192.74·now $145.61Fresh

-24.45%

since Aug 8

PQUS · Weight increase · 2d

stock down 31.3% in the 30 days before

Aug 1·entry $182.75·now $145.61Fresh

-20.32%

since Aug 1

AIEQno longer held1 signal

AIEQ · Exit · 1d

stock down 31.3% in the 30 days before

Aug 2·entry $182.75·now $145.61

-20.32%

since Aug 2

Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.

Buffett-style framework

Too hard to callas of Jun 14

AI ETFs are showing a consistent pattern of accumulation and increasing weight in KLA Corp across multiple funds. This activity suggests a favorable outlook from the AI systems, likely driven by growth prospects in the technology sector. However, this contrasts sharply with the framework's 'Too Hard' verdict, which suggests avoiding the company due to the inherent unpredictability of its industry's unit economics over the long term.

Circle of CompetenceThe semiconductor equipment industry is highly cyclical and technologically dynamic, making long-term cash flow predictability beyond a few years genuinely challenging.
Economic MoatA detailed assessment of an economic moat requires a foundational understanding of the business's predictability, which is not established within this framework.
ManagementWithout a firm grasp on the business's long-term predictability, it is difficult to effectively evaluate management's capital allocation decisions or candor.
Financial HealthWhile current ROE is very high, a comprehensive assessment of financial health, including long-term ROE trends, operating margins, owner earnings, and debt structure, cannot be completed with the provided limited data.
Margin of SafetyEstimating intrinsic value for a business whose future cash flows are unpredictable is not feasible within this framework, thus a margin of safety cannot be determined.

This framework deems KLA Corp 'Too Hard' to analyze because the cyclical and technologically dynamic nature of the semiconductor equipment industry makes ten-year cash flow projections unreliable, thus falling outside the circle of competence. Consequently, a comprehensive evaluation of its economic moat, management, detailed financial health, and intrinsic value is not feasible within this value-investing approach. Despite strong current ROE, the lack of long-term predictability prevents a deeper assessment.

Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.