Semiconductor Equipment Sell-Off Overdone: Jump on These 5 Stocks Now

Entegris

This outstanding mid-cap play has seen some very solid insider buying over the past year. Entegris Inc. (NASDAQ: ENTG) engages in the development, manufacture and supply of specialty materials for the microelectronics industry.

Entegris operates through these business segments:

• Specialty Chemicals and Engineered Materials provides purity process chemistries, gases and materials and delivery systems to support semiconductor and other advanced manufacturing processes.
• Advanced Materials Handling develops solutions to monitor, protect, transport and deliver critical liquid chemistries and substrates for a broad set of applications in the semiconductor industry and other high-technology industries.
• Microcontamination Control segment offers solutions to purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries.

Shareholders receive a 0.26% dividend. Stifel has a price target of $127, in line with the $126.90 consensus target. Thursday’s $111.16 closing print came after an almost 3% gain for the day.

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MKS Instruments

This stock flies somewhat lower under the radar but offers solid upside. MKS Instruments Inc. (NASDAQ: MKSI) provides instruments, subsystems and process control solutions that measure, control, power, monitor and analyze critical parameters of manufacturing processes in the United States and internationally.

MKS offers pressure measurement and control products used for various pressure ranges and accuracies; materials delivery products, including gas flow measurement products and vacuum valves; automation and control products, such as automation platforms, programmable automation controllers, temperature controllers and software solutions for use in automation, I/O and distributed programmable I/O, gateways and connectivity products; and vacuum products comprising vacuum containment components, effluent management subsystems and custom stainless steel chambers vessels, and pharmaceutical process equipment hardware and housings.

Many on Wall Street have felt for some time that the increase in the Applied Material display equipment business will have positive implications for MKS as it supplies many key subsystems for Applied’s display tools. In 2017, MKS acquired Newport and added the company’s iconic Spectra-Physics laser brand to its product lineup.

Shareholders receive a 0.93% dividend. The $250 Stifel price target is well above the $230.90 consensus target. Shares closed Thursday at $188.06, which was up 3% on the day.