Is Lam Research Corporation (LRCX) A Good Stock To Buy Now?

Is LRCX a good stock to buy? We came across a bullish thesis on Lam Research Corporation on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation's share was trading at $258.57 as of May 4^th. LRCX’s trailing and forward P/E were 48.53 and 33.22 respectively according to Yahoo Finance.

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