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3 Electronics Stocks to Buy From a Prospering Industry

Electronics stocks KLA (KLAC), Carrier Global (CARR) and Flex (FLEX) are likely to benefit from investments in infrastructure and expanded capacity de...

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This story originally appeared on Zacks

The Zacks Electronics – Miscellaneous Products industry is benefiting from rise in semiconductor capital expenditure despite the negative impact of the coronavirus pandemic. Optimism over the vaccine rollout is anticipated to aid the prospects of industry participants. Increasing spending on advanced technologies bodes well for industry participants like KLA Corp KLAC, Carrier Global CARR and Flex FLEX. Continuing investments on data-center, high-performance computing (HPC) and 5G end-markets are key catalysts. Fab expansion in the United States, South Korea, Taiwan and China as well as higher spending on memory equipment is expected to drive growth in 2021 and beyond.

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Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

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KLA Corporation (KLAC): Free Stock Analysis Report

 

Intel Corporation (INTC): Free Stock Analysis Report

 

Flex Ltd. (FLEX): Free Stock Analysis Report

 

Carrier Global Corporation (CARR): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research