KLA Corp. Emerges as Multibagger Stock with 113.34% Return Over the Past Year

KLA Corp., a prominent player in the Electronics & Appliances sector, continues to demonstrate remarkable performance, solidifying its status as a multibagger stock. Over the past year, KLA Corp. has achieved an impressive return of 113.34%, significantly outpacing the S&P 500's 12.95% during the same period. This trend of strong performance is not just a one-off; the company has consistently outperformed the S&P 500 across various time frames, including a staggering 307.18% return over the last three years. The company's financial health is underscored by a robust Return on Capital Employed (ROCE) averaging 68.53%, alongside a commendable annual growth rate in net sales of 15.98%. KLA Corp. also boasts a low Debt to EBITDA ratio of 0.46, indicating a strong ability to manage its debt obligations effectively. In addition to its impressive operational metrics, KLA Corp. has reported positive results for four consecutive quarters, with operating cash flow reaching a high of USD 4,766.35 million. The stock's attractive valuation is further highlighted by its trading discount compared to peers, making it a noteworthy consideration in the market. With high institutional holdings at 93.04%, KLA Corp. is well-positioned for continued success in the competitive landscape.