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LRCX - ASML: This Company Has Something For All Investors
June, 03 2022 11:46 AM
Lam Research Corporation
ASML has been predictable. Predictable in the best sense of the word. ASML consistently innovates and converts that innovation into free cash flow for shareholders. If you invested in ASML just 5 years ago you would have realized a CAGR of >30% on your investment, trouncing the S&P 500. The High NA lithography technology allows foundries to push the physical barrier for how small chips can be made. ASML’s valuation is rich, but sometimes a premium business is worth paying up for. For further details see:
ASML: This Company Has Something For All Investors
Stock Information
Company Name:
Lam Research Corporation
Stock Symbol:
LRCX
Market:
NASDAQ
Website:
lamresearch.com
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