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3 Top Electronics Stocks to Buy From a Prospering Industry

Aniruddha Ganguly
·1-min read

The Zacks Electronics - Manufacturing Machinery industry is expected to benefit from increased capital spending on high-performance computing, advanced packaging and memory by semiconductor manufacturers. The rising need for data center, notebooks (due to coronavirus-induced remote working and learning) and gaming (pandemic-induced demand) are driving memory demand.

Entegris ENTG, Brooks Automation BRKS and Nikon NINOY are gaining from the above-mentioned trends. These companies provide solutions to semiconductor manufacturers and OEMs. Although weak smartphone demand has been a concern, strength in cloud & data center, healthcare solutions and gaming has been a key catalyst.

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Entegris, Inc. (ENTG) : Free Stock Analysis Report
 
Brooks Automation, Inc. (BRKS) : Free Stock Analysis Report
 
Nikon Corp. (NINOY) : Free Stock Analysis Report
 
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Zacks Investment Research