Jim Cramer on Lam Research: “Put a Quarter of the Position on It If You Want to Buy Lam Research, and Then Leg In”

Group 1 - Lam Research Corporation (NASDAQ:LRCX) is recognized as a significant stock within the S&P 500, with Jim Cramer recommending a staged investment approach [1] - The company specializes in semiconductor capital equipment, essential for enhancing chip production, and reported strong results recently [1][3] - Despite its strong performance, Lam Research experienced a nearly 6% decline following initial gains after its earnings report [1] Group 2 - Lam Research develops equipment for various semiconductor processes, including deposition, etching, and cleaning, with systems for tungsten and copper metallization, plasma and atomic-layer deposition, dielectric and conductor etch, and wafer cleaning [3]