15 Best Forever Stocks to Buy Now

13. Lam Research Corporation (NASDAQ:LRCX)

Stock Upside Potential 27.20%

Number of Hedge Fund Holders: 104

Lam Research Corporation (NASDAQ:LRCX) is one of the best forever stocks to buy now. On March 12, Reuters reported that Lam Research Corp (NASDAQ:LRCX) is one of the suitors eyeing a potential deal to acquire BE Semiconductor Industries.

The report also indicated that Besi has already engaged the services of investment bank Morgan Stanley, as it evaluates the approach that has also attracted other suitors. Lam Research has allegedly held discussions with the Dutch company, which has a market value of about $16 billion.

Lam Research has already established itself as a major supplier of wafer fabrication equipment to logic, memory, and foundry customers. On the other hand, Besi has carved a niche in advanced packaging and assembly equipment.

Earlier, Lam Research inked a strategic partnership with IBM to develop new processes and materials that support sub-1nm logic scaling. The two are to focus on joint development of novel materials fabrication processes and high-NA EUV lithography processes. They also plan to extend logic scaling to the sub-1nm mode in a bid to develop lower-power and higher-performance transistors for the artificial intelligence era.

Lam Research Corporation (NASDAQ:LRCX) is a leading supplier of wafer fabrication equipment and services to the semiconductor industry. It designs and builds equipment used by chipmakers to create, etch, and clean the microscopic features on semiconductor wafers (chips) that power electronic devices. Almost all advanced chips are built using their technology.