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Lam Research Initiates Strong Buy Heading To Year-End (NASDAQ:LRCX)

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Josh Arnold profile picture

Josh Arnold has been covering the financial markets for a decade, using a combination of technical and fundamental analysis to identify potential winners early in their growth cycles. Josh focuses primarily on growth stocks. Its purpose is the efficient and profitable use of capital, which overly rigid buy-and-hold strategies do not allow.

Josh leads the Timely Trader investment group, where he focuses on limiting risk and maximizing potential reward. Timely Trader features include: real-time alerts, a model portfolio, technical charts, sentiment indicators and sector analysis to find the best trading opportunities. Learn more.

Analyst Disclosure: We do not/we do not have shares, options or similar derivative positions in any of the companies mentioned, but we can initiate a beneficial long position by purchasing shares or purchasing call options or similar derivatives in LRCX within the next 72 hours. I wrote this article myself and it expresses my own opinions. I receive no compensation for this (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Looking for Alpha’s reveal: Past performance is no guarantee of future results. No recommendation or advice is given as to whether any investment is suitable for any particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, a US broker or investment adviser, or an investment bank. Our analysts are third-party authors that include both professional investors and individual investors who may not be authorized or certified by any institute or regulatory body.

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