U.S. Markets closed

Lam Research Chips Away at Building Longer-Term Top Pattern

Bruce Kamich

During Wednesday's "Mad Money" program, Jim Cramer called out Lam Research Corp. Cramer felt it was worth buying as the bad news is already priced into the stock. In this daily bar chart of LRCX, below, we can see that prices displayed a strong pattern from the end of December to the end of April.