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Stock impact report

Lam Research: Fundamentals Remain Solid And I Remain Bullish [Seeking Alpha]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Seeking Alpha
LRCX's increased reliance on China presents some geopolitical risk, but recent improvements in U.S.-China relations mitigate immediate concerns. Despite a slightly softer December quarter outlook and less attractive valuation, fundamentals remain solid with continued demand and operational efficiency. Given the somewhat lowered near-term risk/reward, I am downgrading LRCX from strong buy to buy while maintaining a bullish long-term stance. hapabapa/iStock Editorial via Getty Images In late June, I reiterated my strong buy rating on Lam Research Corporation ( LRCX ) on the basis of robust March quarter results, strong guidance, and undervaluation. As you can see in the rating history This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving Show less Read more
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