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31 Oct 2026, 10:17 UTC · 1h ago
Jim Cramer Likes Lam Research but Says Buy Just 25% of Your Position
Impact · against what's priced in
The news is neutral to slightly negative for Lam Research as the strong financial results and 2027 WFE outlook were already reflected in the valuation. The market continues to discount the stock's growth prospects, as evidenced by the price decline despite record earnings and a sixth consecutive beat.
- LRCX+0.00
Already priced in
- The price assumes
Record fiscal 2026 revenue of $23.23 billion and 30% year-over-year growth in the June quarter.
The reported revenue surge of 54% to $8.22 billion and the sixth straight earnings beat confirm the strong operational execution the market already assumes.
What LRCX's price assumes · Sep 4
