LRCX's 109% YTD surge, strong financials and AI-driven chip demand momentum position the stock firmly in buy territory.
Lam Research (LRCX)'s stock almost doubled this year, driven by strong growth in semiconductor equipment demand tied to AI chip production, and advanced semiconductor technologies.
Lam Research (LRCX) reported earnings 30 days ago. What's next for the stock?
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Lam Research (LRCX) could produce exceptional returns because of its solid growth attributes.
We believe Lam Research (LRCX) stock could be a promising investment opportunity. Why? Because it offers robust margins, a low-debt capital structure, and strong momentum.
Lam Research (LRCX) shares have decreased by 5.0% in one day. This recent decline is a result of an analyst downgrade driven by worries about the slowing growth in China and in the NAND memory space.
Lam Research's Systems revenues jump 48.3% as strong demand for AI and next-gen nodes boosts its foundry business.
Big Tech has seen plenty of volatility recently amid AI overvaluation concerns.
As the semiconductor cycle shows early signs of recovery, investors are reassessing which equipment makers are best positioned for the next leg of growth. While Teradyne (TER) has benefited from automation and test-equipment demand, its recent valuation looks stretched relative to peers.
Lam Research's strong AI-driven growth, solid revenues and lower valuation make it the standout pick over ASML Holding in the semiconductor equipment race.
Volatility has returned to the market in recent weeks, and last week's sharp selloff briefly reignited fears of a market top. As usual, the bears grew loud during the pullback, but those concerns quickly faded.