Professional
Added to YB: 2024-08-12
Pitch date: 2024-06-30
LRCX [bullish]
Lam Research Corporation
+53.43%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$208.3B
Pitch Price
$104.62
Price Target
N/A
Dividend
0.63%
EV/EBITDA
29.29
P/E
36.59
EV/Sales
10.52
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Artisan Select Equity Fund Portfolio Holding: Lam Research Corporation
LRCX: +10% Q, +67% YoY on semi capex optimism. Leading WFE maker poised for growth from memory rebound & AI chip demand. Well-positioned product portfolio to outpace market. Trading at 30x peak earnings suggests upside mostly priced in. Bullish: WFE growth, AI trend. Risk: High valuation.
Read full article (1 min)