4. As of noon trading, Lam Research Corporation ( LRCX) is up $0.47 (1.2%) to $40.94 on light volume Thus far, 729,702 shares of Lam Research Corporation exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $40.27-$40.95 after having opened the day at $40.44 as compared to the previous trading day's close of $40.47. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipments used in the fabrication of integrated circuits. Lam Research Corporation has a market cap of $6.6 billion and is part of the technology sector. The company has a P/E ratio of 75.4, above the S&P 500 P/E ratio of 17.7. Shares are up 12.0% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Lam Research Corporation a buy, 1 analyst rates it a sell, and none rate it a hold. TheStreet Ratings rates Lam Research Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full Lam Research Corporation Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.