Is Lam Research Stock Going to $1,050? 1 Wall Street Analyst Thinks So.

The company certainly feels like the right kind of business at the right time for its market.The stock of semiconductor equipment maker Lam Research (LRCX -5.29%) has done very well of late (it's up 87% over the past year), yet one pundit tracking the company believes it can go even higher. In his view, the stock is well positioned to break through the $1,000-per-share level, setting a new all-time-high share price.Stifel analyst feels Lam Research could touch a new record highIn mid-April, Stifel Financial ...