LAM RESEARCH CORPORA

LRCX
Delayed Quote. Delayed  - 01/21 04:00:00 pm
605.79USD -2.24%

Lam Research Corporation : The technical configuration is positive

01/13/2022 | 02:56am
Tommy Douziech
Junior Analyst

Strategy published on : 01/13/2022 | 02:56

long trade
Stop-loss triggered

Entry price : 705$
Target : 814$
Stop-loss : 622$
Potential : 15.46%

Shares in Lam Research Corporation do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 814.

Summary

● The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.


Strengths

● Before interest, taxes, depreciation and amortization, the company's margins are particularly high.

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● The group usually releases upbeat results with huge surprise rates.


Weaknesses

● With an enterprise value anticipated at 5.37 times the sales for the current fiscal year, the company turns out to be overvalued.

● In relation to the value of its tangible assets, the company's valuation appears relatively high.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

● The average consensus view of analysts covering the stock has deteriorated over the past four months.

● Over the past twelve months, analysts' opinions have been revised negatively.

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