Lam Research (LRCX) Stock

Lam Research is displaying a solid bottoming pattern with good risk/reward potential, backed by neutral RSI and PPO levels, along with a positive Chaikin Money Flow index. The stock is considered affordable, with a forward P/E ratio of around 20X, which is lower than its two-year average, indicating possible growth in value. Although there are mixed EPS estimates and some risks related to China, Lam's valuation and seasonal trends make it an attractive investment as we approach 2025.

Lam Research (LRCX) closed at $73.99 on the most recent trading day, showing a slight increase of 0.22% from its previous closing price.

Investors frequently depend on analyst recommendations when choosing to buy, sell, or hold a stock. Changes in ratings from these analysts, who work for brokerage firms, can impact a stock's price, but how significant are they really?

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Lam Research (LRCX) finished the latest trading session at $71.79, which represents an increase of 0.81% compared to the previous day's closing price.

On Thursday morning, shares of Lam Research, a supplier of semiconductor equipment, fell by 4.7% by 12:25 p.m. ET. This is significant because Lam is not benefiting from the recovery that many other stocks are seeing after the market decline on Wednesday.

Lam Research (LRCX) closed at $77.81 in the most recent trading session, showing a slight decrease of 0.03% from its previous closing price.

In 2024, stock splits influenced by artificial intelligence (AI) became a major trend, and analysts believe this could continue into the new year. Two analysts have made predictions supporting this idea.

LRCX has risen above its 50-day moving average, indicating positive momentum. Its solid fundamentals and growth powered by AI support the decision to keep the stock.