KLA Corporation (KLAC) Is One Of Jim Cramer’s Top Performing 2026 Stocks

Ramish Cheema

Sun, July 5, 2026 at 4:12 AM PDT 2 min read

We recently published Jim Cramer's Biggest Winners to Buy: Top 20 AI & Other Stocks He Got Right in 2026. KLA Corporation (NASDAQ:KLAC) is one of the stocks discussed by Jim Cramer.

KLA Corporation (NASDAQ:KLAC) makes and sells equipment used in semiconductor production. Its shares are up by 158% over the past year and by 84% year-to-date. Since Cramer discussed the firm in January, the stock is up by 74%. June's end and July's start have been full of volatility for KLA Corporation (NASDAQ:KLAC)'s shares. They gained 21% between June 26th and 30th June and then dipped by 21% between June 30th and July 2nd. The recent dip came amidst a period of volatility for AI and semiconductor stocks, with some analysts, such as CNBC's Jim Cramer, suggesting that the shares fell as investors became wary about massive amounts of hyperscaler capital expenditure with less-than-desired clarity about profitability. Here is what Cramer said about KLA Corporation (NASDAQ:KLAC) in January on Mad Money:

"Next, there's KLA Corp. There's a, it's another semiconductor equipment company just like Lam Research, up 93% last year. This one's all about the data center's voracious demand for memory chips. Well, at this point, frankly, in the cycle, you have to expect companies like KLA to keep racking up big orders because there's simply not enough production capacity to make all the chips we need."

While we acknowledge the potential of KLAC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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