Have you been paying attention to shares of Lam Research (LRCX) ? Shares have been on the move with the stock up 2.1% over the past month. The stock hit a new 52-week high of $1130 in the previous session. Lam Research has gained 35.3% since the start of the year compared to the 28.5% move for the Zacks Computer and Technology sector and the 41.9% return for the Zacks Semiconductor Equipment - Wafer Fabrication industry.What's Driving the Outperformance?The stock has a great record of positive earnings surp ...

graphixel/E+ via Getty Images We're reaffirming our buy-rating on Lam Research Corporation (NASDAQ:LRCX) ahead of its fourth quarter of FY2024 results at the end of the month, scheduled for July 31st. The stock has outperformed the S&P 500 (SP500) by 37% since our upgrade to buy in late November last year, as shown in our rating history chart below. We expect more material outperformance for LRCX in FY25 due to the recovery of wafer fabrication equipment spend or WFE in the back end of the year and in 2 ...

FREMONT, Calif., July 10, 2024 /PRNewswire/ -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, July 31, 2024, beginning at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time).Webcast: To access the webcast, visit the Investors section of Lam's website at http://www.lamresearch.com and click on the Investors/Investors Overview/Events & Presentations section to view the details. Replay Information: A w ...

Sundry PhotographyI wrote my last article on Lam Research (NASDAQ:LRCX), titled Lam Research: An Opportune Moment To Add The Stock, on Oct. 10, 2023, with a buy recommendation. Since then, the stock has been up around 66% compared to the S&P 500 index's rise of 26%. Although the stock has made a significant move over the last eight months, there is still a lot of potential upside left. Lam is a Wafer Fabrication Equipment ("WFE") company. The WFE industry had a severe cyclical downturn in the first half ...

Semiconductors power many devices and appliances that we use every day. They form the bedrock for smartphones, computers, cars, refrigerators, and other essentials. Semiconductors have also been a reliable industry for investors seeking high returns. Many of the top corporations in the stock market are semiconductor firms or rely on the industry to generate higher revenue growth.If you want to see how well semiconductor stocks have performed over the years, the iShares Semiconductor ETF (NASDAQ:SOXX) is a g ...

FREMONT, Calif., June 27, 2024 /PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today released its 2023 Environment, Social, and Governance (ESG) report, detailing accomplishments, and quantified results in these areas as the company continues to unleash the power of innovation for a better world.Lam Research announces 2023 ESG Report."We have entered the era of artificial intelligence and semiconductors are transforming the world around us in new and remarkable ways," said Tim Archer, president and chief ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

The AI trade has gotten quite crowded in recent months, and though some of the names felt a notable increase in turbulence at the end of last week, I think it’s too soon in the game to be ringing the alarm bell. Though various AI stocks have gone parabolic of late, there’s still more of a sense of cautious optimism rather than outright euphoria surrounding AI-exposed tech stocks. AI is a profound technology that’s sure to cause revisions in estimates on both sides. Thus far, however, analysts’ upward revisi ...

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The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Lam Research (LRCX) .Lam Research currently has an average broker ...