Lam Research stock increased 5% after Bank of America recommended it as a good investment

From Nasdaq: 2025-04-07 18:28:00

Chip fabrication equipment maker Lam Research (NASDAQ: LRCX) saw a 5% increase in its stock value after Bank of America recommended it as a good investment in the semiconductor sector. The S&P 500, on the other hand, experienced a 0.2% decrease on Monday.

Bank of America highlighted that semiconductors have been excluded from recent tariffs, benefiting companies like Lam Research, Nvidia, Broadcom, and Cadence Design Systems. These companies have strong fundamentals, pricing power, and balance sheets.

The ongoing tariff conflict poses a risk to semiconductor manufacturers, especially those reliant on foreign components. Investing in companies with resilient fundamentals is advisable, but prolonged trade disputes could impact even the strongest businesses.

Motley Fool Stock Advisor did not include Lam Research in its list of top 10 stocks to buy now. The service has consistently outperformed the S&P 500 since 2002, providing investors with stock picks and portfolio guidance for success.

Bank of America, an advertising partner of Motley Fool Money, recommends companies like Lam Research, Cadence Design Systems, Nvidia, and Broadcom. The Motley Fool holds positions in and recommends these companies, emphasizing the importance of investment disclosure policies.



Read more at Nasdaq: Why Lam Research Stock Crushed the Market Today