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Today, I want to take a look at a company that I hold in my personal portfolio, Lam Research (NASDAQ:LRCX). I have covered Lam about two months ago, giving it a BUY rating, and since then, it is up
Lam Research: This Might Be The Last Chance To Buy This Cheap
Summary
- Lam Research remains a 'Buy' due to its strong market position in etching and deposition equipment, critical for semiconductor manufacturing growth.
- The company demonstrates robust financial health, with steady revenue, net income growth, rising margins, and sustainable dividend increases supported by strong free cash flow.
- Tariff risks are mitigated by LRCX's global footprint, with most revenue and operations outside the US, reducing exposure to US-Asia trade tensions.
- Despite a recent price increase, Lam's intrinsic value still offers a 12.9% upside, supported by healthy fundamentals and ongoing share buybacks.
I am a value dividend investor with an eye for heavy long term compounding. Whenever I see a company that is heavily undervalued with large upside, I always jump in to take my share of the riches. I have been investing since I can remember, specialising in long term growth dividend companies, so that one day I would be able to live off dividends
Analyst’s Disclosure:I/we have a beneficial long position in the shares of LRCX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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