Lam Research (LRCX) is positioned by analytics and stakeholders as a mixture of both, a strong long-term investment and a company that still faces potential shortfalls. With
Wall Street expressing both bullish and bearish sentiments, the company's valuations and its potentials for growth are attracting a great deal of attention. Most recently, the stock fell, underperforming the market despite the long-term results and high return on capital being largely strong. Big investors have increasingly wanted to own more of the company. A dividend has been declared and payout date confirmed for January 2025. However,
Bernstein set the new target price for LRCX at $85, down from $95. The company is expected to accelerate its growth by FY25 amidst recovery. While the company faces struggles amidst
semiconductor short positions, the strong fundamentals suggest any dip in the stock price could be temporary, and favourable conditions by large institutional owners have led to a 4.5% increase in the stock over the past week.
Jim Cramer from CNBC supports owning the stock, considering the firm to be the best in the group.
Lam Research Corp LRCX News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 30 Nov 2024 17:37:57 GMT -
Rating 2
- Innovation 8
- Information 6
- Rumor 6
