Reported 3 days ago
In a climate of stock-split enthusiasm in 2024, Lam Research (NASDAQ: LRCX) has become a focus for investors following its 10-for-1 split on October 2, 2024. Although its shares are currently down 36% from their peak, Wall Street analysts see a potential upside of 29% over the next 12 months, driven by growth in advanced semiconductor technologies and a rebound in NAND flash memory investments. Despite risks related to market volatility in China and potential tariffs, analysts remain optimistic about Lam Research's long-term prospects.
Source: YAHOO