Lam Research Corporation (LRCX): A Bull Case Theory

We came across a bullish thesis on Lam Research Corporation on Rijnberk InvestInsights’s Substack by Daan | InvestInsights. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation's share was trading at $98.41 as of August 4^th. LRCX’s trailing and forward P/E were 23.22 and 21.46, respectively according to Yahoo Finance.

[caption id="attachment_1196075" align="aligncenter" width="768"] A technician operating an automated semiconductor processing machine with laser accuracy.[/caption]

Lam Research (LRCX) stands as a quiet compounder in the...