Lam Research (LRCX) Is Today's Post-Market Loser Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Lam Research ( LRCX) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Lam Research as such a stock due to the following factors:

  • LRCX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $132.6 million.
  • LRCX is down 2% today from today's close.

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More details on LRCX:

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers plasma etch products that remove materials from the wafer to create the features and patterns of a device. The stock currently has a dividend yield of 1%. LRCX has a PE ratio of 24.4. Currently there are 14 analysts that rate Lam Research a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Lam Research has been 1.8 million shares per day over the past 30 days. Lam Research has a market cap of $11.2 billion and is part of the technology sector and electronics industry. The stock has a beta of 1.21 and a short float of 6.1% with 4.76 days to cover. Shares are up 26.4% year-to-date as of the close of trading on Tuesday.

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