|Bid||307.00 x 900|
|Ask||309.46 x 800|
|Day's Range||302.16 - 308.49|
|52 Week Range||137.58 - 308.49|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||22.68|
|Earnings Date||Jan 28, 2020|
|Forward Dividend & Yield||4.60 (1.50%)|
|Ex-Dividend Date||Dec 08, 2019|
|1y Target Est||280.86|
In an attempt to reduce dependence on the U.S., China is likely to ramp up its semiconductor manufacturing and design capabilities.
Today we're going to take a look at the well-established Lam Research Corporation (NASDAQ:LRCX). The company's stock...
FREMONT, Calif., Jan. 08, 2020 -- Lam Research Corp. (NASDAQ: LRCX) today announced that the company will host its quarterly financial conference call and webcast on Wednesday,.
Tech stocks have been the star of the market through the first two decades of the 21st century. Expect that to continue into the third.That said, the ways investors can play the technology sector have evolved over the years.Once upon a time, tech stocks mostly seemed like speculative picks - high reward but equally high risk. However, technology's growing influence across all aspects of society, as well as the maturation of dozens of companies, has widened the field. Now, you can tap technology for consistent blue-chip growth, and in some cases, even for reliable dividends with decent yields.The following are the 15 best tech stocks to buy for 2020, with options for several portfolio needs. Each stock is categorized as an income winner, an established grower or a great speculation. Income winners have a nice track record of making (and raising) payouts, established growers boast leadership positions and profits, and great speculations are either developing a new market or have a clear opportunity to disrupt entrenched leaders. SEE ALSO: Hedge Funds' Top 25 Blue-Chip Stocks to Buy Now
2019 was a great year for the stock market - one of the strongest years ever.Source: Shutterstock And typically, following that sort of performance, the next year is great too.So, while nothing is ever guaranteed when it comes to the market… the odds are pretty good 2020 will be another bullish year.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 2019 Winners That Will Be 2020 Losers But - and this is important to understand - we likely won't see that great performance in the exact same sectors…Semiconductor stocks were the top performers in 2019. Advanced Micro Devices (NASDAQ:AMD) gained 152%. Lam Research (NASDAQ:LRCX) popped 116% higher. Applied Materials (NASDAQ:AMAT) jumped 88%.But, it probably won't be the big winners of 2019 that lead the market higher this year.Instead, traders should look for the laggards to play catch-up.No doubt, 2019 was a momentum-driven market. Strong stocks got stronger throughout the year. Weak stocks got weaker. And, that trend accelerated in December as institutions and money managers engaged in the art of "window dressing."They bought more of the market's best-performing stocks so when they published their holdings at the end of the year, they could show investors they owned the markets best performers. And, they sold off the worst-performing stocks so they could show investors their limited exposure to bad performers.That action has created one of the widest valuation discrepancies between growth stocks and value stocks since 2000.You see, on a relative basis, growth stocks are historically expensive today… and value stocks are historically cheap.AMD, for example, trades at 44 times 2020 earnings estimates. That's quite richly valued compared to the S&P 500, which trades for about 18 times 2020 earnings estimates.Meanwhile, value stocks like Teva Pharmaceuticals (NYSE:TEVA), which trades at less than 4 times 2020 earnings estimates, are historically cheap.Granted… TEVA has its issues, and the outlook is cloudy. And, AMD is firing on all cylinders and the future is shining bright.But gosh… is AMD really worth ten times the earnings multiple of TEVA - or any other company that actually has earnings?My point is… the valuation gap between growth and value has expanded to a historically wide level. Growth stocks are trading for historically high valuations. Value stocks are historically cheap.If the broad stock market is going to continue higher in 2020, then it's going to be fueled by a "catch-up" rally in the value stocks. Traders should be looking for the undervalued and underappreciated names of 2019 to lead the market higher this year.Best regards and good trading,Jeff ClarkP.S. If you ask my friend and colleague Teeka Tiwari, there's another sector that should do very well in 2020…But, it's not in the stock market.Teeka says that by acting on this idea, you could potentially pay for your whole retirement after one specific day this year.If you're interested, just click right here and get the story straight from Teeka. But don't wait too long… This opportunity closes for good before the end of January. Reader MailbagToday a new subscriber thanks Jeff for his frequent communication…Jeff, though I'm fairly new to your services and have hardly placed any trades - the amount of communication you have is awesome. The transparency of your thoughts, daily, about where you see potential trades going is bold.No one gets everything right all the time, but you actually put yourself out there consistently. I think it'll make me a better trader by just reading your thoughts you share consistently.- MarkAnd another subscriber shares his recent gains using Jeff's Breakout Alert strategy…Thank you for one of your most recent Breakout Alert trade recommendations… I was able to close it with over 70% gains!On top of another recent trade that brought me 30% gains, this makes the Breakout Alert my favorite subscription, next to Delta Direct and Delta Report. I stopped using all my other subscriptions.I like the way you explain the trades, how you follow up with the trades, and your approach to the trades.The Jeff Clark Mobile app is practical, and I use it every day. I look forward to reading your report every morning as well as updates throughout the day.- GermanAnd one more reports on their experience using the new Jeff Clark Mobile app…Jeff, this latest app is working simply awesome for me. I used to use the text alerts for notifications then log on and look what was just posted.This latest revision of your app requires only my fingerprint without having to fumble passwords. PLUS, it gives the latest of each subscription, so at first glance I only get what I haven't seen.I'm so excited because I get a better jump on your recommended trade at each post. If I want to look at something that's aging in a portfolio, I can always use the web browser for that.Thanks, Jeff, for your relentless improvements!- PaulIf you haven't already, make sure to download the Jeff Clark Trader mobile app (here for iPhone and here for Android). And if you like what you see… or even think it could use some work… consider leaving a review on either app store.As always, thank you for your thoughtful emails. We look forward to reading them every day. Keep them coming to email@example.com. In Case You Missed It…The Final Phase of the 5G Boom: How to Stake Your Claim Before It's Too Late"The biggest 5G growth phase is set to begin soon. Up to $12.3 trillion will be unleashed, and dozens of tiny stocks could soar. Join me as I reveal my script for finding the best 5G plays before they go parabolic." - 5G expert Jeff BrownMore information here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Winners That Will Be 2020 Losers * 5-Year Returns for 5 Dow Jones Stocks Entering 2020 * 5 Semiconductor Stocks to Buy for Big Gains In 2020 The post Jeff Clark's Market Minute: These Stocks Will Carry the Market in 2020 appeared first on InvestorPlace.
The technology sector has been the best-performing sector of 2019 and is heading toward having its best year in a decade driven by chipmakers.
Through it all, the U.S. economy and consumers’ appetite for spending remained resilient, supporting the market’s record-shattering, year-end rally.
Shares of Applied Materials have soared nearly 90% in 2019 to outpace fellow high-flying chip stocks. AMAT also topped Q4 estimates in November and provided upbeat guidance ahead of what looks to be a strong 2020 for the chip industry...
If Santa rally grips Wall Street in the final days of December, the S&P 500 could see the best year since 1997. These stocks helped the index to hit the highs.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
Given its strong cash flows, capital returns and cheaply valued stock, Lam's stock makes for a terrific investment opportunity. Two-thirds of its revenue is derived from memory markets, led by non-volatile memory (NAND) and DRAM memory. Thus, if memory markets do well, Lam will also do well.
2019 has been a banner year for U.S. stocks with the Nasdaq Composite Index gaining about 34%. The rally was mainly driven by trade optimism and a dovish Fed.
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
Dow futures ignored the Trump impeachment vote: Micron earnings guidance was weak, but shares of the memory-chip giant rallied. So did fellow chips Nvidia, Lam Research and Applied Materials.
The easing of U.S.-China trade war and Fed's consecutive rate cuts have helped stocks log solid gains, in turn helping the S&P 500 to score big. Here's why.
Lam Research CEO Tim Archer's decision to buy back stock just when the semiconductor industry appeared headed for a long slide has paid off handsomely in 2019, Jim Cramer says.