1 Top Artificial Intelligence (AI) Stock Down 33% to Buy Hand Over Fist Before It Skyrockets
Lam Research(LRCX) The Motley Fool·2024-11-03 03:00
This semiconductor equipment company recently delivered solid results and an impressive outlook.This has been a difficult year for Lam Research (LRCX 0.60%) investors as shares of the semiconductor manufacturing equipment supplier have dropped 4% in 2024, underperforming the 25% gains clocked by the PHLX Semiconductor Sector index, and it is worth noting that the past few months have been even more brutal for the company.More specifically, Lam stock is down 33% since hitting a 52-week high on July 11. One o ...