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January 25, 2013
08:58 EDTKLAC, ASMLKLA-Tencor reported "fantastic" results, says Pacific Crest
After KLA-Tencor (KLAC) reported stronger than expected Q2 results, Pacific Crest recommends that investors take profits in ASML (ASML) and reinvest the funds in KLA-Tencor. The firm expects KLA-Tencor to outperform its peers in 2013 and 2014, and it continues to identify the stock as a top pick for 2013.
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