Список проголосовавших за комментарий " KLA-Tencor: Color on quarter — Stifel & Needham (83.25)<ul><li><strong>Stifel</strong> — While Stifel anticipated strength in foundry & logic to remain key drivers for the co, the co drove record bookings ($1.1 bln) led by memory investments. The co could have seen a pickup in some metrology applications, but longer term, the co noted that it would introduce an inspection product targeting this market. Inspection generally is the co's highest ASP and margin biz. With 3D NAND being the key growth driver near term & over the next few years, Stifel notes new wins in this segment could provide some sustainability to the growth prospects. Stifel believes the co will see strong orders & shipments for its solutions related to the current 10nm ramp in the industry & for 7nm development later this year and into 2018. Stifel states this combined node (10/7nm) could emerge as the next big node, similar to what the 28nm node was for the industry (and when KLA saw its last spike in growth in 2012); maintains Hold.</li><li><strong>Needham</strong> -With increasing yield-driven demand for process control at the leading edge coupled with broader investments in C2017, Needham expects KLAC to avoid a C2H17 fall-off vs other peers. Strong memory bookings in the quarter highlights an increase to memory process control intensity, with further potential growth when KLAC launches a new 3D NAND offering. New product rampups should enable KLAC to continue outperforming WFE beyond CY17. KLAC is still trading at a discount to its avg historical P/E of ~16x, but with the improved margin profile, Needham states they expect the stock to march higher; reiterates Strong Buy.</li></ul><p> — Shares of <strong>KLAC</strong> +3.3% pre-market.</p>"