Jim Cramer Calls Lam Research the “Best of the Best” But Warns Against Buying Parabolic Moves

Lam Research Corporation (NASDAQ:LRCX) is one of the stocks Jim Cramer recently looked at. Noting the stock’s parabolic move since September 2025, a caller asked if there is more room for it to go up or if it has reached the top. Cramer replied:

Do you know that that’s got one great CEO in Tim Archer, and I am concerned. Tim was… he was so good when I sat down with him, when he came on the show, he told a great story. I’m not going to be against it. I actually think that you can buy some, but the market’s very overbought by the oscillator that I use, the S&P. If you want 100 shares, you buy 25, but then you must wait for it to come down. I can’t countenance continuing to buy a parabolic move even for the best of the best, and that is the best of the best.

Photo by Yiorgos Ntrahas on Unsplash

Lam Research Corporation (NASDAQ:LRCX) develops equipment for depositing, etching, and cleaning semiconductor materials. It includes systems for tungsten and copper metallization, plasma and atomic-layer deposition, dielectric and conductor etch, and wafer cleaning.

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Disclosure: None. This article is originally published at Insider Monkey.