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Lam Research Corporation saw significant investment increase, strong Q1 results, and positive analyst forecasts.
Alta Advisers Ltd and other investors increased holdings in Lam Research Corporation, a semiconductor equipment maker, significantly in the first quarter.
The company reported a 24.4% revenue increase and EPS of $1.04, exceeding expectations.
Lam Research also announced a quarterly dividend of $0.23 per share.
Analysts predict a strong performance for the year, with a consensus "Moderate Buy" rating and a target price of $93.97.
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Lam Research Corporation registró un aumento significativo de la inversión, fuertes resultados del primer trimestre y pronósticos positivos de los analistas.