Lam Research Corporation (LRCX): A Bull Case Theory

We came across a bullish thesis on Lam Research Corporation (LRCX) on Substack by Long-Term Pick. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation (LRCX)'s share was trading at $83.73 as of Feb 10^th. LRCX’s trailing and forward P/E were 25.45 and 21.98 respectively according to Yahoo Finance.

[caption id="attachment_1224224" align="aligncenter" width="768"] An aerial view of a modern fabrication center with equipment for producing semiconductor components.[/caption]

Lam Research (LRCX) has demonstrated solid financial performance, with...