Lam Research Dips 16% YTD: Should You Hold or Fold the Stock?
LRCXLam Research(LRCX) ZACKS·2024-08-30 02:10

Lam Research Corporation (LRCX) has seen its stock plunge 16% in the past three months. This drop compares unfavorably with the industry’s fall of 9.2%, the Zacks Computer and Technology sector’s growth of 5.8% and the S&P 500’s rally of 7.1%. The recent fall has put investors at a crossroads, raising the question: is it time to buy, hold or sell?The LRCX stock, a popular name in the semiconductor industry, presents a high-risk but potentially high-reward scenario. While the company faces significant challe ...