|Bid||202.78 x 100|
|Ask||203.75 x 400|
|Day's Range||202.56 - 216.38|
|52 Week Range||124.91 - 234.88|
|PE Ratio (TTM)||22.25|
|Earnings Date||Apr 16, 2018 - Apr 20, 2018|
|Forward Dividend & Yield||2.00 (0.89%)|
|1y Target Est||257.67|
The IBD 50 list of top-performing growth stocks currently features four chip-gear stocks, including Applied Materials and Lam Research.
Shares of Lam Research (LRCX) surged over 3% on Wednesday as part of a run that has seen the company's stock price climb nearly 19% in the last 12 weeks alone. The wafer fabrication equipment company has consistently impressed shareholders over the last year, so let's take a look at why Lam looks poised to continue its current run of success.
Applied Materials (AMAT) continues to perform well on the back of differentiated products, strong 3-D NAND demand, new technologies and innovation strategy.
Applied Materials, Lam Research and hot IPO Smart Global rejoined ASML and Teradyne in buy zones. That's a good sign for a stock market rally hit by Facebook.
Logitech's (LOGI) new Logitech G560 PC Gaming Speaker and Logitech G513 Mechanical Gaming Keyboard bring a complete solution for gamers.
NEW YORK, NY / ACCESSWIRE / March 16, 2018 / Markets were mixed Thursday as concerns of a possible trade war continued to linger. The Dow Jones Industrial Average gained 0.47 percent to close at 24,873.66, ...
With the S&P 500 and Dow Jones below 50-day averages, look for outperformers. PayPal and four chip stocks are in buy range with strong relative strength lines.
Leading chip stocks are trying to reassert their market-leading status including large cap stock leader Lam Research.
Shares of chip equipment vendor Lam Research (LRCX) are up $1.23, or 0.6%, at $223.87, after FBN Securities analyst Shebly Seyrafi this morning started coverage of the stock with an Outperform rating, and a $300 price target, writing that it is "one of the few virtual pure plays (besides AMAT and Tokyo Electron, both Unrated) on memory capital equipment, so we believe that both the memory and the memory equipment markets have consolidated." His overall point is that the memory market is much more stable than in years past, and expected to outgrow the market for chips overall though 2022: Note that the memory market has historically been quite volatile since the space was more fragmented. The rise of the newer “3-D” NAND chips is especially playing to Lam’s strengths, writes Seyrafi: "In FQ2 2018 (Dec. 2017 quarter), NVM accounted for 53% of LRCX’s shipments, up from 37% the year before, and we forecast continued strong NVM growth for LRCX in F2019 (ending June)." DRAM production is playing out well for the company, with prices for the chips “increasing while DRAM bit growth has remained strong.” He notes that Micron Technology (MU), whose shares he rates Outperform as well, and competitors Samsung Electronics (005930KS) and SK Hynix (000660KS) each contribute more than 10% of Lam’s annual sales.
The Dow Jones industrial average outperformed by a wide margin in afternoon trading Thursday, helped by strength in shares of McDonald's.
The Zacks Analyst Blog Highlights: Micron Technology, Intel, ON Semiconductor and Lam Research
Plenty of noteworthy tech stocks are now back near their all-time highs, with several reaching new intraday peaks in morning trading Tuesday. Here's five tech stocks hitting new highs to check out today!
As our "Computer and Technology" sector has gained nearly 28.9% over the past year, semiconductor companies have been a driving factor behind its growth. Check out these Zacks Rank #1 (Strong Buy) semiconductor stocks right now!
Your stocks to watch are five semiconductors that have just entered buy range: Apple supplier Skyworks, Lam Research, ASML, Teradyne and Marvell Technology.
On a blended basis, the target multiple is 10x, versus 6x currently. This implies a target of $89 on consensus FY19 EPS of $8.90 and a target of $122 on our FY19E EPS of $12.22. Also bullish this morning is Evercore ISI’s C J Muse, who reiterates a Buy rating, and hikes his target to $80 from $60, writing that the "stock chart is scary” is "the first thing we hear from potential new investors (+500%+ over the last 2yrs)." "But that’s what happens when the DRAM industry consolidates to 3, all players act rational, memory becomes increasingly critical in the world of compute, and rising complexity limits the magnitude of new supply,” writes Muse.
Lam Research (LRCX) climbed to the top of the S&P 500 Friday, for the second time this week. Lam Research rose $12.21, or 5.7%, to $224.95. The S&P 500 47.60 points, or 1.74% to 2786.57. The enthusiasm ...
Philips (PHG) announces that Saratoga Hospital has successfully improved patient safety and clinical outcomes with the integration of Philips' IntelliVue Guardian.
Stock futures got pounded after news that Gary Cohn was leaving the Trump administration, and an early rally petered out with the major indexes falling to new lows on the day. The S&P 500 dipped 1.32 points, to 2726.80, while the Dow Jones Industrial Average dropped 82.76 points, or 0.3%, to 24801.36. The fact that the Dow closed well off its lows is good news, even if it might not feel like it.