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Semiconductors Trade Alert

Trade Alert: Acquired Lam Research (LRCX) at $867 Amid Strong Memory Demand

Bought Lam Research (LRCX) $867

Lam has dropped about 14% and is going to do very well on memory demand, riding on the coattails of Micron and TSM. LAM has an outstanding record of doing well in the long term, increasing earnings by 28% per year over a 10-year period, which included two semiconductor downturns.