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Lam Research Corp LRCX - News Analyzed: 4,199 - Last Week: 100 - Last Month: 400

↗ Lam Research Corp LRCX: A Mixed Bag of Investor Sentiment Amid Market Volatility and AI Opportunity

Lam Research Corp LRCX: A Mixed Bag of Investor Sentiment Amid Market Volatility and AI Opportunity
Lam Research Corporation (LRCX), a dominant player in the semiconductor market, exhibits strong dynamics presently. Institutional investors seem to exhibit bearish sentiment on LRCX, leading to a recent short sell of the stock. However, groups such as Chicago Partners Investment Group and HM Payson & Co. seem bullish, increasing their LRCX holdings. Other investors, namely SteelPeak Wealth LLC, Wealth Enhancement Advisory Services, and New York State Common Retirement Fund, reduced their positions. Moderating the recent market volatility, LRCX experienced gaps down and mild stock falls while occasionally outperforming the market. Prominently, LRCX underwent various assessments, highlighting mixed opinions on whether to buy, sell or hold its stock. Jim Cramer and several Brokerages seem optimistic considering the corporation a good investment. Attention was also drawn to LRCX's potential in AI technology and possible robust financial performance, with forecasted earnings growth and prospects of beating estimates in its forthcoming report. Additionally, LRCX is expected to hold a quarterly financial call, further fueling recent stock volatility. Meanwhile, Citi reduced its price targets for LRCX, and Mizuho lowered LRCX's price target citing a flat spending outlook despite AI demand.

Lam Research Corp LRCX News Analytics from Tue, 21 May 2024 07:00:00 GMT to Sat, 02 Nov 2024 12:57:51 GMT - Rating 2 - Innovation 6 - Information 8 - Rumor 3

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