Lam Research Corporation (LRCX): A Bull Case Theory

We came across a bullish thesis on Lam Research Corporation (LRCX) on Substack by The Antifragile Investor. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation (LRCX)'s share was trading at $82.79 as of 21^st May. LRCX’s trailing and forward P/E were 23.06 and 19.01 respectively according to Yahoo Finance.

[caption id="attachment_1208579" align="aligncenter" width="768"] An aerial view of a semiconductor factory, with its intricate machinery and equipment.[/caption]

Lam Research has emerged as an indispensable player in the semiconductor...