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Kla-Tencor Shares Up 20.3% Since SmarTrend's Buy Recommendation (KLAC)

By Nick Russo

SmarTrend identified an Uptrend for Kla-Tencor (NASDAQ:KLAC) on January 23rd, 2017 at $81.75. In approximately 3 months, Kla-Tencor has returned 20.27% as of today's recent price of $98.32.

Over the past year, Kla-Tencor has traded in a range of $44.95 to $98.82 and is now at $98.32, 119% above that low. The 200-day and 50-day moving averages have moved 0.56% higher and 0.41% higher over the past week, respectively.

KLA-Tencor Corporation manufactures yield management and process monitoring systems for the semiconductor industry. The Company's systems are used to analyze product and process quality at critical steps in the manufacture of circuits and provide feedback so that fabrication problems can be identified. KLA-Tencor operates sales, service, and application centers worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Kla-Tencor shares.

Log in and add Kla-Tencor (KLAC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights kla-tencor

Ticker(s): KLAC