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Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

LRCX is a strong and competitive company in the semiconductor industry, with a good balance sheet and potential for growth. Experts have different opinions on its current valuation and potential for future performance, but overall, it is seen as a quality name with a solid foundation.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS
Lam Research Corp

Is very oversold. Could be a coiled spring with 200 points up or 50 down. Has known this company for a long time.

Technology
BUY
Lam Research Corp
Semiconductor opportunities.

Great opportunity to pick up 4 pillars. MU on the manufacturing, TSM for the foundry, LRCX or KLAC or ASML as the equipment suppliers, NVDA is a gift down here as a designer. And (he can't believe he's going to say this) even INTC; come 2025, it will be competitive with NVDA.

Technology
PARTIAL SELL
Lam Research Corp

Take a bit off, and put proceeds into its competitor ASML.

Technology
BUY
Lam Research Corp

They announced a 10-for-1 stock split and a major buyback last week. They reported strong numbers last April and shares were already up 20% for the year.

Technology
BUY
Lam Research Corp

There are probably 4 in this category of semiconductor equipment suppliers. LRCX does design, manufactures the equipment, refurbishes and services the equipment. 12-month price target of $1069, decent runway. Reports soon. Very conservative, so we won't get surprised. 

ASML using ultraviolet to etch chips has become the cat's meow, carving out a nice niche for EUVs. It's a bit cheaper. Reported last week, positive on top and bottom lines but lowered guidance. It sees demand coming back very strong in second half. Semis are a big thing with the AI revolution. Opportunity to buy a fantastic company at a cheaper price. 12-month price target of $1070.

For new money, put half in each.

Technology
COMMENT
Lam Research Corp

Equipment suppliers for semiconductor industry. Older school, cheaper than cutting-edge lithography companies. 12-month price target for LRCX of $1070, up 35% in last 100 days, great company, seems very competitive. Closest comparison would be to KLA.

Technology
PARTIAL SELL
Lam Research Corp

Is up 80% this year. Don't buy, but take profits. Likes it.

Technology
TOP PICK
Lam Research Corp

Will benefit from the US chips act. He targets $680; can buy at $570 and $540.

(Analysts’ price target is $710.17)
Technology
BUY
Lam Research Corp

It has free cash flow geneation given revenues without heavy leverage exposure. A quality name.

Technology
BUY
Lam Research Corp

Shares have bottomed and the balance sheet is strong. The worst has passed and is now an opportunity.

Technology
PARTIAL SELL
Lam Research Corp

Worries her a little because peers like Micron are reporting lower numbers, but expectations here are low. She trimmed a few weeks ago. Inventories still need to bottom in the next quarter or two.

Technology
WATCH
Lam Research Corp

Really likes this. You can't make semis without the equipment that makes semis. True, this is subject to cylicality like the semis, but Lam's equipment is critical. Long-term, it's a good stock, but there's slowing momentum in semis ahead. But that would lead to an entry level.

Technology
BUY
Lam Research Corp
At 13x PE, slower sales are already built into shares. Semis could bottom in Q2, so maybe getting into semis is early, but the second half of 2023 will be too late to but these.
Technology
BUY
Lam Research Corp
They report Wednesday. He expects the chips act to pass this week. That would be a big boost for Lam.
Technology
BUY
Lam Research Corp
They're an equipment supplier among semiconductors. Lam competes with ASML and Applied Materials, both of which he likes. The runway is still going out well into 2023 for these companies, given strong demand (more demand than supply for the next 2 or so years).
Technology
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Lam Research Corp(LRCX-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 7

Stockchase rating for Lam Research Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lam Research Corp(LRCX-Q) Frequently Asked Questions

What is Lam Research Corp stock symbol?

Lam Research Corp is a American stock, trading under the symbol LRCX-Q on the NASDAQ (LRCX). It is usually referred to as NASDAQ:LRCX or LRCX-Q

Is Lam Research Corp a buy or a sell?

In the last year, 7 stock analysts published opinions about LRCX-Q. 5 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lam Research Corp.

Is Lam Research Corp a good investment or a top pick?

Lam Research Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Lam Research Corp.

Why is Lam Research Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Lam Research Corp worth watching?

7 stock analysts on Stockchase covered Lam Research Corp In the last year. It is a trending stock that is worth watching.

What is Lam Research Corp stock price?

On 2024-10-10, Lam Research Corp (LRCX-Q) stock closed at a price of $82.06.