Buy Lam Research During The Next Market Dip (Technical Analysis)
LRCXLam Research(LRCX) Seeking Alpha·2024-02-27 14:51

shih-wei/E+ via Getty Images Lam Research Corporation (NASDAQ:LRCX) revealed strong financial performance in Q4 2023 which shows significant improvement in quarterly revenue. The yearly revenue trend has also shown strong improvement over the past years. Despite the increase in operating expenses, the strong growth in net income indicates the company's potential to profit from rising costs. This article presents the financial and technical analysis of Lam Research and provides investment opportunities for l ...