5 Best Semiconductor Equipment Stocks to Invest In

In this article, we discuss the 5 best semiconductor stocks to invest in. To read the detailed analysis of the industry, go directly to the 11 Best Semiconductor Equipment Stocks to Invest In.

5. Entegris, Inc. (NASDAQ:ENTG)

Number of Hedge Fund Holders: 36

Entegris, Inc. (NASDAQ:ENTG) manufactures and supplies various products and solutions, including micro-contamination control products, to semiconductors, glass, and other industries. 

In the fourth quarter, the number of hedge funds with a stake in Entegris, Inc. (NASDAQ:ENTG) remained at 36, the same as the previous quarter, but the combined stake value increased to $2.23 billion in the quarter from $1.69 billion in Q3. With 6.55 million shares worth $785.416 million, Robert Joseph Caruso’s Select Equity Group was the top investor in the company.

The London Company stated the following regarding Entegris, Inc. (NASDAQ:ENTG) in its fourth quarter 2023 investor letter:

“Entegris, Inc. (NASDAQ:ENTG) – ENTG shares rallied during the quarter as visibility in the semiconductor market improved and demand for its value added product suite remains strong. ENTG is benefiting from the higher amount of materials needed for miniaturization and is winning business as its products deliver faster time to yield. Management has been delivering on its debt reduction strategy. We remain attracted to the industry’s high barriers to entry, limited competitors, and high switching costs.”