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Lam Research Can Run Higher

October 3rd, 2017 · No Comments

  • Despite an impressive rally in its shares, Lam Research still has several important tailwinds behind it.
  • Valuation is high from a cyclical point of view, but the company is cheaper than competitors and the cyclical fears are likely overblown.
  • So we see room for the stock to run higher.

Source: Lam Research Can Run Higher – Lam Research Corporation (NASDAQ:LRCX) | Seeking Alpha

Tags: LRCX