Lam Research Corporation (LRCX) Hit a 52 Week High, Can the Run Continue?
Lam Research(LRCX) ZACKS·2024-07-12 22:15
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 ...