This Magnificent Semiconductor Stock Has Shot Up 60% in 3 Months. It Can Still Soar Higher.

Lam Research (LRCX 0.64%) stock has made a parabolic move in the past three months, jumping an impressive 60% in this short period and outperforming the tech-laden Nasdaq Composite index's 31% returns by a huge margin. The good part is that Lam Research is trading at attractive levels despite this impressive surge.What's more, the impressive growth that Lam has been clocking in recent quarters seems sustainable thanks to the aggressive spending on semiconductor fabrication plants around the globe. Does this ...