Analysts are bullish on Lam Research Corporation (LRCX), viewing the big tech stock as a premier investment in the midst of a tech selloff. This is underscored by Nvwm LLC purchasing 12,491 shares and Stratos Wealth Partners LTD. investing $7.85 million. Jim Cramer considers the stock cheap while Sumitomo Mitsui DS Asset Management Company Ltd increased their share stake.
Inside Lam Research's strategic roadmap, promising growth targets are anticipated by 2025. An investor and analyst meeting is planned, offering insights into the company's future. The Q2 2025 earnings call highlighted a strong financial performance.
Many investment firms, including Mather Group LLC., U.S. Capital Wealth Advisors LLC, and Harbor Island Capital LLC, have significantly increased their stock positions in LRCX. The third quarter earnings estimates from B. Riley indicate a bullish projection.
Advanced SEMI technologies, including Lam Research's breakthrough EUV dry photoresist technology, are driving investment interest. Furthermore, KeyBanc upgraded LRCX to 'Overweight' with a focus on AI-Driven growth, adding to its investment attraction.
Lam Research Corp LRCX News Analytics from Mon, 06 Jan 2025 08:00:00 GMT to Sat, 08 Feb 2025 10:25:34 GMT - Rating 9 - Innovation 8 - Information 7 - Rumor 2
