Jim Cramer’s Game Plan for Next Week: 25 Stocks in Focus

16. Lam Research Corporation (NASDAQ:LRCX)

Number of Hedge Fund Holders: 84

Noting that there is a possibility that Lam Research Corporation’s (NASDAQ:LRCX) China business can be targeted by the government, Cramer said:

“Now, there’s been an awful lot of talk about how much tech we sell into China, right? And when it comes to American-made technology, intellectual property, it doesn’t get any better than Lam Research, the semiconductor capital equipment maker.

Lam’s so good, but it’s already had to take a hit in the Chinese business. The government didn’t like how much they were selling. Kind of like what NVIDIA’s doing…. Will Lam be hit again? Look, our government’s eviscerated Lam’s China business once already. Can it do it again? It does whatever it wants, doesn’t it?”

Lam Research (NASDAQ:LRCX) specializes in designing, building, selling, refurbishing, and maintaining equipment used in making integrated circuits.