Jim Cramer Discusses These 10 Stocks & Says Bitcoin Created “Froth” In The Market

8. Lam Research Corporation (NASDAQ:LRCX)

Number of Hedge Fund Holders In Q4 2024: 84

Lam Research Corporation (NASDAQ:LRCX) makes and sells chip manufacturing equipment which places its share performance at the mercy of the broader non-AI industry and geopolitical tensions. The firm’s shares have dropped by 13.40% over the past year as it has been affected by multiple catalysts such as American sanctions against China, chip machine manufacturer ASML’s tepid guidance, and the DeepSeek selloff. Cramer’s comments about Lam Research Corporation (NASDAQ:LRCX) surrounded the hit that the firm has taken from the China sanctions:

“I had Lam on and I had KLA on, and they’ve already taken the big hit. They could take another hit.”