High-Multiple Tech Stocks Sell-Off
This is a news story, published by Yahoo Finance, that relates primarily to Lam Research news.
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Quality StockTipRanks
•Lam Research Stock (NASDAQ:LRCX): Dip-Buy Opportunity after Tech Plunge
79% Informative
Semiconductor manufacturing equipment maker Lam Research (LRCX) is down nearly 30% from its 52-week high set just a few weeks ago in July .
Analyst community sees significant upside potential of 36% for the company’s shares over the next 12 months .
LRCX plays a crucial role in the semiconductor supply chain, the wide moat of its high-tech business, projected earnings growth, and suddenly compelling valuation after the sell-off.
VR Score
79
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78
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