Lam Research (LRCX) Up 2% Since Last Earnings Report: Can It Continue?

Lam Research (LRCX) Up 2% Since Last Earnings Report: Can It Continue?
Zacks.com
5 hrs ago
A month has gone by since the last earnings report for Lam Research (LRCX). Shares have added about 2% in that time frame, outperforming the S&P 500.
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Will the recent positive trend continue leading up to its next earnings release, or is Lam Research due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Lam Research Q3 Earnings & Revenues Beat Estimates

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