Lam Research Corporation (LRCX) Hit a 52 Week High, Can the Run Continue?

What's Driving the Outperformance? For the current fiscal year, Lam Research is expected to post earnings of $35.29 per share on $14.84 billion in revenues. Meanwhile, for the next fiscal year, the company is expected to earn $44.17 per share on $17.16 billion in revenues. This represents a year-over-year change of 18.96% and 15.62%, respectively. Lam Research may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics ...