Lam Research (LRCX)

Lam Research (LRCX)

Postby winston » Tue Sep 19, 2017 7:56 pm

not vested

ANOTHER HUGE WINNER FROM THIS HOT SECTOR

Today's chart highlights a leader in the semiconductor business...

Longtime readers know we are always looking for big secular trends to invest in. Since personal computers and cellphones became central to our daily lives, the need for semiconductors has been growing... These little devices power most of the electronics we use today.

We last checked in on this trend with shares of chipmaker Nvidia (NVDA). Today, we can see this concept at work with shares of Lam Research (LRCX)...

The company is a leading manufacturer of specialized equipment for semiconductor chipmakers. Lam's products allow chipmakers to build device features that are more than 1,000 times smaller than a grain of sand. And its major innovations have led to big profits and higher share prices...

As you can see in the chart below, shares are up nearly 150% over the past two years... And they just hit new all-time highs.

This big trend is not showing signs of a slowdown. Keep an eye on semiconductor stocks for more upside...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Lam Research (LRCX)

Postby winston » Wed Sep 18, 2019 7:43 pm

not vested

QUICK GAINS AS THIS SEMICONDUCTOR COMPANY GETS 'LESS BAD'

Today's chart shows the power of one of our favorite investment strategies...

Regular readers know about Steve's "bad to less bad" trading approach. When investors overreact to bad news, big gains are possible as they realize their mistake. Given the market's recent turbulence, there are plenty of cases where this thesis is playing out. Check out today's example...

Lam Research (LRCX) designs and builds the equipment used to make semiconductors. It's an industry that's always prone to booms and busts, and the U.S.-China trade war hit these companies hard last year.

LRCX shares fell nearly 50% from March to December 2018. But folks never stopped buying the electronics that increasingly rely on semiconductors... All this stock needed was a little good news.

As the market digested the trade war and realized that Lam is still highly profitable, shares quickly recovered. They're up more than 90% from their December lows, and recently hit a new all-time high. That's what can happen when a stock gets "less bad"...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Posts: 118528
Joined: Wed May 07, 2008 9:28 am


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