- Lam Research's stock price has suffered, one of the many casualties in the trade war with China.
- There are demand concerns when considering the supply chain including a Chinese semiconductor manufacturer.
- However, when looking deeper, these concerns seem to be over-blown in the case of Lam Research as a supplier of equipment needed to manufacture chips.
- A comparison with peers also reveals that the company is best in human resource productivity and moving towards using digital innovation to further improve operational efficiency.
- Valuations are on the lower side and this dividend stock is a buy.
For further details see:
Lam Research: Intricate But Positive Supply Chain Dynamics