Lam is a Strong BUY

Lam Research is a stock on it's way up. The prominent analysts have set the price target as high as $275. This price looks like it is bouncing off support until it can jump past the resistance. Increased value from the growth of sales is one thing this company has on it's side. The books of LRCX look better YoY, only showing a couple weaknesses, i.e. in a slightly larger debt than last year, stock price at a discount compared to industrial peers, etc. In it's peer group, of integrated circuitry and semiconductors, LRCX stands to gain ground aplenty. This price is a good entry for such a solid go-getter.
Trade active
Trade active: Increased position.


LRCX is a stock with a Piortroski F-Score of 8 out of 9. Good news might give this stock a huge boost on Wall Street.
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