The Case for and Against Lam Research Corporation (LRCX)

Lam Research Corporation (LRCX) is an interesting player in the Technology space.  It focuses on Semiconductor Equipment & Materials. 

Given the stock’s recent action, it seemed like a good time to take a closer look at Lam Research recent data.

Fundamental Analysis

This company has been competing with others in the Technology space.  However, it offers its own combination of interesting factors.  Lam Research Corporation (LRCX) currently trades with a market capitalization of $25.11 Billion.  Revenues have been growing by 63.92 % on a quarterly year/year basis.

The company currently has $2.13 Billion of cash on the books.  However, this is offset by $905.29 Million of current liabilities.  Furthermore, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $3.02 on a per share basis this quarter. Perhaps, that suggests something about why 99.55% of the outstanding share supply is held by institutional investors.

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