Lam Research (LRCX) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Investors should also note that LRCX has a PEG ratio of 3.58 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Semiconductor Equipment - Wafer Fabrication industry had an average PEG ratio of 3.35. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed th ...