Jim Cramer on Lam Research: “Put a Quarter of the Position on It If You Want to Buy Lam Research, and Then Leg In”
Lam Research Corporation (NASDAQ:LRCX) is one of the noteworthy S&P 500 stocks Jim Cramer highlighted. Cramer recommended building a position in the stock in stages. He remarked: Speaking of capacity, I want to jump to the sixth best performer in the S&P in January because it’s Lam Research, LRCX. Now, this is a semiconductor capital equipment maker. This is who you call when you want to boost your chip production. Lam reported great results on Thursday night, yet it suffered the same fate as Western Digi ...