35 AI News You Should Not Miss

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16. Lam Research Corporation (NASDAQ:LRCX)

Number of Hedge Fund Holders: 84 

Lam Research Corporation (NASDAQ:LRCX) markets semiconductor processing equipment. Prominent investment analyst Jim Cramer recently talked about the company during his show on news platform CNBC. Per research highlighted by Cramer, Lam Research Corporation was one of the stocks that had historically outperformed after the Fed began to cut rates. Cramer noted the stock had been suppressed amid a lack of orders from China and Intel slowing manufacturing in Europe to preserve the balance sheet. Cramer clarified if not for those issues, he thought the stock would be a great buy, but given that the industry had problems, he advised investors to let it come in even more. Cramer classified Lam Research as the best in the group.

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