Name of opportunity: 👀
Lam Research Corporation
Seeing a price increase 👆
Lam Research Corporation is currently seeing a price increase, with stock value going up by 6.27% in the past day, and 6.40% in the past week. Lam Research is a US-based semiconductor technology company that operates worldwide, with prevalence in the Asian market.
Lam Research is currently showing strong financial health, with solid cash flow and revenue. Additionally, this stock offers a 1% dividend yield. This means if you invested $1000, you might be paid $7.72 a year in dividends (based on the last 12 months).
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Lam Research Corporation might increase from $78.51 to $102.18 in the next 12 months. If you invested $1000, you might profit $301.48.
The US government has introduced new restrictions limiting semiconductor technology exports to China. Lam Research however, have said that these newly announced restrictions won’t impact their business expectations. They have made no changes to their Q4 financial guidance as of yet.
Lam Research remains positive, with no change to their financial guidance despite the newly announced limitations. As no change is predicted and the company is in strong financial health, this might be why the stock price has increased - because management remain confident
Semi-conductor equipment🤖
Lam Research Corporation is a supplier of wafer-fabrication equipment to the semiconductor industry. The company is headquartered in Fremont, California, United States. Lam Research operates worldwide, but has gained relevance in the Asian market.
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