To The Moon

💰💰💰Hi Tigers💖💖💖 Trend Radar is a column that allows you to track and evaluate specific movements in certain stocks or indices on a daily basis. We expect this column of observation to help you more in-timely and accurately understand the market and to profit from the potential rally of the stock. Disclaimer: Historical performance of stocks or indexes is not indicative of future trends. The content of this article is for informational purposes only. Investments are risky, opinions are not direct investment advice. 1. $Lam Research(LRCX)$ Shows Daily and Weekly Breakout After Earnings Chip gear stocks surged Thursday after $Lam Research(LRCX)$ reported better-than-expected June-quarter results and gave an upbeat outlook. $Lam Research(LRCX)$ shares have added about 54.7% since the beginning of the year versus the $S&P 500(.SPX)$ gain of 19%. Will Thursday’s move may be followed by more bullish activity？ 2. What Drives $Lam Research(LRCX)$ ‘s Prices Higher Benefit from AI, $Lam Research(LRCX)$ has gained the attention of value investors with its remarkable daily gain of 8.92% and a high Earnings Per Share (EPS) of $35.91. $Lam Research(LRCX)$ is a key player in the semiconductor industry, specializing in manufacturing equipment used for semiconductor fabrication. It has been profitable for the past 10 years, with an impressive operating margin of 30.97%. The company’s average annual revenue growth is 26.6%, outperforming most companies in the Semiconductors industry. $Lam Research(LRCX)$ is estimated to be fairly valued. The company has strong financial health, consistent profitability, and impressive growth. Major customers of $Lam Research(LRCX)$ include $Samsung Electronics Co., Ltd.(SSNLF)$ , $Micron Technology(MU)$ , $Intel(INTC)$, $SK Hynix, Inc.(HXSCL)$ & $Taiwan Semiconductor Manufacturing(TSM)$. At least a dozen analysts raised their price targets on LRCX stock after the earnings report.( Arcuri reiterated his buy rating on LRCX stock and raised his 12-month price target to 750 from 725.) 3. More Discussion on $Lam Research(LRCX)$ ’s Future Trend and Target price MMMCHARTING on @Twitter pointed that $Lam Research(LRCX)$ is loving the top of it’s trend line. But he is going to Image TraderFlorida @Twitter saide: $LRCX - up $60.00 from next suggested buy entry. Projected price target $679.00 area. Congratulations! Image 4. Question for Tigers（All valid and top 10 most popular stocks are rewarded by Tiger Coins) Will you take the time to consider $Lam Research(LRCX)$ to your Watch list? What’s your target price? Any other stocks are shaping the same pattern? Editor's Pick Post Rewards: If you plan to share content over 500 characters, we strongly recommend selecting the "Also repost" button when posting a comment. This way, your content will have a chance to be selected as a "Picked Post" and receive a reward of 200 Tiger Coins automatically! In addition, if your post gains high popularity, there's also a chance to win US$15-25 voucher rewards in our weekly "Creator Incentive Program."