Lam Research (NASDAQ:LRCX) Shares Up 4.2% - Time to Buy?
3 Articles
3 Articles
NewEdge Advisors LLC Purchases 34,079 Shares of Lam Research Corporation $LRCX
NewEdge Advisors LLC boosted its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 21.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 192,888 shares of the semiconductor company’s stock after buying an additional 34,079 shares during the period. NewEdge Advisors LLC’s holdings in Lam […]
Why Is Lam Research Corp (LRCX) Stock Suddenly Gaining Momentum?
TLDR LRCX stock gained 3.79%, beating the Technology Equipment sector’s 0.86% rise. AI, high-bandwidth memory and advanced DRAM spending supported semiconductor equipment demand. Higher earnings estimates strengthened expectations around Lam Research’s business outlook. Upcoming management presentations could offer new details on customer spending trends. MACD and RSI remain neutral, while Williams %R currently signals buying [...]
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