Lam Research Corporation (LRCX): A Bull Case Theory

We came across a bullish thesis on Lam Research Corporation (LRCX) on Long-Term Pick’s Substack by Dan. In this article, we will summarize the bulls’ thesis on LRCX. LRCX Technologies, Inc. share was trading at $784.08 as of Sept 23^rd. LRCX’s trailing and forward P/E were 27.04 and 21.69 according to Yahoo Finance.

[caption id="attachment_1228735" align="aligncenter" width="768"] High angle view of a semiconductor chip against an array of electronics components.[/caption]

Lam Research Corporation (LRCX) established in 1980 specializes in the deposition and etch processes...