12 Unstoppable Technology Stocks to Buy

10. Lam Research Corporation (NASDAQ:LRCX)

Number of Hedge Fund Holders: 93

6-month performance: 82.94%

Lam Research Corporation (NASDAQ:LRCX) is one of the Unstoppable Technology Stocks to Buy. Lam Research Corporation (NASDAQ:LRCX) has risen more than 82% over the past 6 months. Wall Street remains bullish for further upside.

Recently, on December 23, Timothy Arcuri from UBS reiterated a Buy rating on the stock and raised the price target from $175 to $200. Earlier on December 18, Craig Ellis from B. Riley Securities also raised the price target from $180 to $195, while reiterating a Buy rating on the stock.

Analyst at B. Riley noted that Lam Research Corporation (NASDAQ:LRCX) enjoys a significant competitive edge in the industry owing to its superior memory exposure and leadership in eTech. He noted that this leverage calls for increased spending in the memory fab equipment, which suggests further upside for the company.

In addition, on December 17, Mizuho Securities raised the firm’s price target from $170 to $200 with a Buy rating. The firm noted that they see upside for wafer fab equipment estimates in 2026. The firm added that this improved industry outlook is a positive sign for the company heading into the new year.

That said, Lam Research Corporation (NASDAQ:LRCX) is set to release its fiscal Q2 2026 results on January 26. Wall Street expects the company to deliver $5.23 billion in revenue, along with a GAAP EPS of $1.16. Management expects fiscal Q2 revenue around $5.20 Billion (+/- $300 million), with EPS around $1.15.

Lam Research Corporation (NASDAQ:LRCX) designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the US, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.