|Bid||624.77 x 1200|
|Ask||627.15 x 1000|
|Day's Range||622.87 - 628.03|
|52 Week Range||299.59 - 726.53|
|Beta (5Y Monthly)||1.49|
|PE Ratio (TTM)||18.83|
|Earnings Date||Oct 18, 2023|
|Forward Dividend & Yield||8.00 (1.28%)|
|Ex-Dividend Date||Sep 12, 2023|
|1y Target Est||678.10|
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Lam Research (LRCX) closed the most recent trading day at $630.88, moving +0.66% from the previous trading session.
The bulls took hold of the stock market narrative at the start of the year, and charged ahead all the way into mid-summer, but since then the bears have been rather noisy. On the back of rising oil prices, fears of interest rates staying high for longer than hoped for, and the possible prospect of a recession still looming, the markets have been shaky and have been handing back prior gains. However, against a backdrop of a ‘Goldilocks economy,’ i.e., “not too hot, not too cold… just right,” bill
Key Insights Institutions' substantial holdings in Lam Research implies that they have significant influence over the...