Is Lam Research (LRCX) One of the Best Growth Stocks to Buy for the Next 20 Years?

Lam Research Corporation (NASDAQ:LRCX) is one of the best growth stocks to buy for the next 20 years. Earlier on January 29, TD Cowen raised its price target on Lam Research to $290 from $170 while keeping a Buy rating. The firm identified the 2026 Wafer Fabrication Equipment/WFE outlook of $135 billion as a major positive surprise, particularly when considering the current constraints in cleanroom availability. On the same day, RBC Capital raised its price target on Lam Research to $290 from $260 and ma ...