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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (8071)1/21/2020 10:37:14 AM
From: Kirk ©  Respond to of 26709
 
At least my LRCX shares are getting recommendations and a price target that would make 100x gain for my shares bought in 1998... If Liz or Bernie win, I may have to start selling some now at the lower tax rate for capital gains.

The shares in my ROTH... don't have to worry but they have a higher cost basis (only a bit more than a double since buying) since I bought them in late 2018 on the big decline.



Citi raises Lam ahead of earnings strength

Jan. 21, 2020 9:04 AM ET|About: Lam Research Corporation (LRCX)
By: Brandy Betz, SA News Editor

Citi expects Lam Research (NASDAQ:LRCX) to post a "beat and raise" quarter later this month and raises its target from $330 to $360.

Analyst Atif Malik expects the company to update its target model to $25+ EPS at the analyst day on March 3.

The analyst notes that LRCX has the best exposure to memory capex spending among the semi equipment names.

Lam is expected to report earnings on January 29.

LRCX is up 0.3% pre-market to $308.95. The company has a Bullish average Sell Side rating.



To: Kirk © who wrote (8071)1/21/2020 10:52:30 AM
From: Winfastorlose  Read Replies (1) | Respond to of 26709
 
It's really insane, but I have been daytrading it and making some coin. If they want to take it to the moon, then so be it.



To: Kirk © who wrote (8071)1/21/2020 10:58:02 AM
From: Winfastorlose1 Recommendation

Recommended By
berniel

  Read Replies (1) | Respond to of 26709
 
I have been daytrading another crazy stock. BYND. We are now "partying like it's 1999" again and these stocks have become a game of chicken. The game seems to be just how high can they take them. Remember QCOM in Dec of 1999? 800 per share? That's where we are now. Back to that stuff.