Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $65.00 short put and a strike $55.00 long put offers a potential 12.36% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $8.90 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lam Research is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lam Research is bullish.
The RSI indicator is at 36.08 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lam Research
3 Stocks Driving The Electronics Industry Higher
Mon, 06 Oct 2014 17:03:00 GMT
Lam Research Corporation Announces September Quarter Financial Conference Call
Wed, 01 Oct 2014 21:00:00 GMT
Marketwired – Lam Research Corporation today announced that the company will host its quarterly financial conference call and webcast on Wednesday, October 22, beginning at 2:00 p.m. Pacific Time. Webcast To access …
Lam Research is cashing in on chips
Wed, 24 Sep 2014 17:31:08 GMT
MarketWatch – In this day and age, it seems almost everything has a silicon chip in it, and many companies in the space are making money, but while they’re doing well, are investors in the sector doing the same?
Applied Materials, Lam Are Cash Machines, Says Nomura
Tue, 16 Sep 2014 18:28:00 GMT
Barrons.com – Nomura Equity Research's Romit Shah today pounds the table for chip equipment stocks, arguing that they have not only bright prospects for sales, but are increasingly returning a greater amount of cash to shareholders. Shah's two Buy recommendations are Applied Materials (AMAT) and Lam Research (LRCX), with a $30 price target on the former and a $75 target on the latter. He rates shares of KLA-Tencor (KLAC) Neutral. On the first point, Shah thinks there will be an increase in spending on so-called wafer front-end, or WFE, equipment these vendors sell next year: the next couple years.
[$$] Lam Research Could Return 20% in a Year
Sat, 13 Sep 2014 04:01:00 GMT
Barrons.com – Now, chip makers are at the point where squeezing on more circuits requires considerably more spending on chip equipment. Adjusted for acquisition costs, product write-downs, a real estate sale, and other lumpy events, earnings per share nearly doubled during the year to $4.39 a share.
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