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dvdgege5
Jan 31, 2018 10:06 PM

Lam Research - Earnings trifecta but stock down? Long

Lam Research CorporationNASDAQ

Description

Lam Research (LRCX) delivered strongly in their Q4 earnings report, but the stock has since tumbled almost 10%.

The market for semiconductors is not going anywhere...

Target: give it to your grandchildren, or at least until processors using silicon fall out of favor.

SOXX and SOXL are also good ways to get some exposure to LRCX and the semiconductor market.
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