Investors' interest in
Lam Research Corporation (LRCX) has seen a noticeable surge recently with various investing firms and persons buying and boosting stakes in the company. Organisations such as
Vident Advisory LLC,
Adage Capital Partners GP L.L.C, and
MAI Capital Management are among those increasing their positions. However, not all entities are bullish; some – notably
EP Wealth Advisors LLC,
Appaloosa LP and
DRW Securities LLC – have reduced their holdings. Despite a 3% drop in LRCX's stock, leading investing veteran
Jim Cramer suggests the stock is undervalued and to sell only if prepared to reenter the market at the right time.
Bernstein and
UBS both raised their price target on LRCX, indicating positivity about the stock's future performance. The company's commitment to growth through
innovation, as well its resilient stance in the face of economic adversity, has been acknowledged. LRCX has also announced an increase in its
quarterly dividend by 13%, signaling stronger returns for shareholders. Despite the mixed reactions, LRCX's developments signal potential long-term gains.
Lam Research Corp LRCX News Analytics from Wed, 14 May 2025 07:00:00 GMT to Sat, 06 Sep 2025 20:50:09 GMT -
Rating 5
- Innovation 4
- Information 9
- Rumor 7