Lam Research Corporation (LRCX): A Bull Case Theory

We came across a bullish thesis on Lam Research Corporation (LRCX) on Substack by Daan Rijnberk. In this article, we will summarize the bulls’ thesis on LRCX. Lam Research Corporation (LRCX)'s share was trading at $72.61 as of March 28^th. LRCX’s trailing and forward P/E were 22.07 and 17.54 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), the third-largest provider of semiconductor...