Lam Research (LRCX) Boasts Earnings & Price Momentum: Should You Buy?
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advan...
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Focus List Spotlight: Lam Research (LRCX)
Established in 1980 and headquartered in Fremont, CA, Lam Research Corporation supplies wafer fabrication equipment and services to the semiconductor industry.
On December 5, 2016, LRCX was added to the Focus List at $100.49 per share. Shares have increased 509.49% to $612.48 since then, and the company is a #3 (Hold) on the Zacks Rank.
Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $1.04 to $33.45. LRCX also boasts an average earnings surprise of 9.6%.
Additionally, LRCX's earnings are expected to grow 22.8% for the current fiscal year.
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Lam Research Corporation (LRCX): Free Stock Analysis Report
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