News Image

Why Quality Investors May Find LAM RESEARCH CORP (NASDAQ:LRCX) Attractive.

By Mill Chart

Last update: Jan 2, 2024

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if LAM RESEARCH CORP (NASDAQ:LRCX) is suited for quality investing. Investors should of course do their own research, but we spotted LAM RESEARCH CORP showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Exploring Why NASDAQ:LRCX Holds Appeal for Quality Investors.

  • LAM RESEARCH CORP has demonstrated significant revenue growth over the past 5 years, with a 9.49% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
  • LAM RESEARCH CORP exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 55.74% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • With a Debt/Free Cash Flow Ratio of 1.11, LAM RESEARCH CORP exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • LAM RESEARCH CORP exhibits impressive Profit Quality (5-year) with a 91.71% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
  • With a robust 5-year EBIT growth of 10.53%, LAM RESEARCH CORP showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • LAM RESEARCH CORP has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

A complete fundamental analysis of NASDAQ:LRCX

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

Overall LRCX gets a fundamental rating of 7 out of 10. We evaluated LRCX against 105 industry peers in the Semiconductors & Semiconductor Equipment industry. LRCX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. LRCX has a correct valuation and a medium growth rate.

Our latest full fundamental report of LRCX contains the most current fundamental analsysis.

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

Back

LAM RESEARCH CORP

NASDAQ:LRCX (5/17/2024, 9:13:47 PM)

After market: 912.07 0 (0%)

912.07

-30.83 (-3.27%)

LRCX News

News Image2 days ago - ChartmillWhich S&P500 stocks are moving on Friday?

Stay updated with the movements of the S&P500 index one hour before the close of the markets on Friday. Discover which stocks are leading as top gainers and losers in today's session.

News Image2 days ago - ChartmillFriday's session: top gainers and losers in the S&P500 index

Wondering what's happening in today's session for the S&P500 index? Stay informed with the top movers within the S&P500 index on Friday.

News Image3 days ago - Lam Research CorporationLam Research Corporation Declares Quarterly Dividend

/PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a quarterly dividend of $2.00 per share of...

News Image4 days ago - Lam Research CorporationLam Research Corporation Announces Participation at Upcoming Conferences

/PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Tim Archer, President and Chief Executive Officer and Doug Bettinger, Executive Vice...

News Image4 days ago - Market News VideoNotable Wednesday Option Activity: BLK, SNPS, LRCX
News Image12 days ago - Lam Research CorporationLam Research Corporation Announces Participation at Upcoming Conference

/PRNewswire/ -- Lam Research Corp. (Nasdaq: LRCX) today announced that Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate...

News Image12 days ago - Market News VideoSee Which Of The Latest 13F Filers Holds Lam Research
News Image13 days ago - Market News VideoNoteworthy Monday Option Activity: DKNG, LRCX, LOPE
News Image13 days ago - The Motley Fool1 Chip Stock Secretly Playing A Massive Role In AI Development

This chip equipment company is helping craft some of the key ingredients needed for AI.

News Image14 days ago - The Motley Fool1 Hot Nasdaq Stock to Buy Hand Over Fist Before It Soars at Least 25% Thanks to the Artificial Intelligence (AI) Boom

An AI-driven turnaround could send shares of this company soaring.

News Image15 days ago - InvestorPlaceCiti Just Raised Its Price Target on These 3 Stocks

Discover the three stocks enjoying boosted Citi price targets. Analysts believe they are primed for success, so it's time to start buying.

News Image23 days ago - Market News VideoNotable Friday Option Activity: LRCX, MSTR, CRS
LRCX Links
Follow us for more