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Lam Research Corporation (LRCX): A Bull Case Theory 

We came across a bullish thesis on Lam Research Corporation on MTC’s Substack. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation's share was trading at $213.31 as of February 5th. LRCX’s trailing and forward P/E were 43.80 and 41.15 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 and internationally. LRCX reported a strong second quarter of...