179.35 0.00 (0.00%)
After hours: 6:35PM EDT
|Bid||178.35 x 1400|
|Ask||179.13 x 2200|
|Day's Range||178.99 - 182.33|
|52 Week Range||122.64 - 227.82|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||10.55|
|Earnings Date||Apr 15, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||4.40 (2.41%)|
|1y Target Est||194.58|
Jim Cramer says semiconductor stocks are bouncing back from 2018's slump and they "punch well above their weight."
Lam Research Corp NASDAQ/NGS:LRCXView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderate for LRCX with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on March 15. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding LRCX are favorable, with net inflows of $12.35 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Broadcom's earnings and second half outlook reignited demand for chip stocks Friday. Explore three trading ideas to ride the momentum.
What’s behind Semiconductor Stocks’ Rise?Semiconductor stocks rise on growth prospects Most semiconductors stocks had risen more than 2% as of midday today, with several factors having raised investors’ optimism about the sector’s growth.
After the close on Thursday, Broadcom beat earnings expectations for its first fiscal quarter and reiterated its guidance for fiscal 2019. Perhaps more importantly, CEO Hock Tan said on the earnings call that he expected its semiconductor business would bottom in its second fiscal quarter due almost entirely to the seasonal drop in wireless sales. "But looking to the second half, we are confident that semiconductor business will resume very meaningful growth," Tan said.
Why do we like a rally led by the semiconductors? What makes that something better than the transports, which were down 10 straight days in a row, or the health care stocks, or the industrials or the banks?
The Latest on Enterprise Software and Semiconductor Giants(Continued from Prior Part)Lam Research gets downgraded as Intel is upgraded Lam Research (LRCX) was recently downgraded to “equal-weight” from “overweight” by Morgan Stanley,
This European company has pulled ahead in the global semiconductor equipment market. Should you put it on your buy list?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insidersRead More...
Let's take a closer look at this semiconductor stock noted by Jim Cramer on Real Money today. In the daily bar chart of Action Alerts PLUS holding LRCX, below, we can see that the downtrend from March has been broken. The daily On-Balance-Volume (OBV) line shows a long decline and only recently turned upwards signaling a shift in buying.
Moody's Investors Service, ("Moody's") assigned an A3 senior unsecured rating to Lam Research Corp. ("Lam")'s proposed debt offering. In January, Lam announced a new $5 billion share repurchase program that will be executed over an indefinite time period. While Lam did not specify the pace of share buyback under the new authorization, Moody's base case scenario is that the company will execute the entire authorization with $625 million of gross share buybacks over each of the next eight quarters.
The bank’s chip sector analyst Harlan Sur looked through his entire coverage universe and said (AVGO) (ticker: AVGO) and (LRCX) (LRCX) were the two companies he had the highest conviction in for solid returns this year. “Assuming no further deterioration in US/China trade negotiations, we believe that semiconductor stocks should continue to outperform the broader markets as there are already signs that weak demand trends in China industrial are bottoming, the cloud spending cycle should reaccelerate,” he wrote on Monday. The firm has a $325 price target for Broadcom stock, representing 17% upside to the current stock price.
Lam Research (LRCX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In the latest trading session, Lam Research (LRCX) closed at $182.21, marking a +1.05% move from the previous day.
Stocks that are cheaper aren't necessarily cheap. Sometimes, oversold stocks aren't necessarily the best stocks to buy. Sometimes, fallen angel stocks have fallen for good reason.But in the broad market selloff in the fourth quarter, it does look like investors dumped some good names. Housing and construction stocks, for instance, seem to be pricing in a recession. Semiconductor stocks have plunged, with investors reverting from pricing in secular growth to believing the sector is the same old cyclical story. In both cases--and in many other stocks' cases--investors have sold first, and asked questions later.These 5 oversold stocks are among that group. And all five are among the best stocks to buy right now, particularly for investors who believe the market has more upside coming in 2019. Each stock is down at least 30% over the past year. And each of these fallen angels has a path to recover those losses--and perhaps reach new highs. SEE ALSO FROM KIPLINGER: 18 Dividend Aristocrats That Have Gone on Deep Discount
Applied Materials' Q2 Guidance Signals Semiconductor WeaknessApplied Materials stock falls on weak guidance As we approach the end of the earnings season, we can see the widespread impact of the US-China trade war on the semiconductor industry. On