Lam Research (NASDAQ: LRCX) , a semiconductor processing equipment company, released its latest earnings on Oct. 19. There was some bad news in the report that could eventually weigh down the stock in 2023. However, the company also revealed several compelling reasons why this company should outperform the market over the long term.
Here are two reasons you might want to sell the stock, but two much better reasons to buy.
On Oct. 7, the U.S. Department of Commerce released new rules restricting U.S. companies from exporting semiconductor technology to China, including w afer fabrication equipment (WFE) and related parts and services.
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2 Reasons to Sell Lam Research, but 2 Much Better Reasons to Buy