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. Lam Research Corporation (LRCX)'s share was trading at $75.06 as of Jan 14^th. LRCX’s trailing and forward P/E were 24.29 and 20.33 respectively according to Yahoo Finance.

[caption id="attachment_1206917" align="aligncenter" width="768"] A one of a kind semiconductor process equipment machine with various parts and components.[/caption]

Lam Research (LRCX) delivered a robust performance in the September quarter,...