Marjorie Taylor Greene bought Lam Research Corp (LRCX) amid market rout, with strong earnings expected.

From Yahoo Finance: 2025-05-14 13:01:00

A list of 10 tech stocks that Trump’s fellow Republican bought amid market rout was recently published. The STOCK Act requires politicians to report their trades within 45 days. Marjorie Taylor Greene bought stocks that swiftly recovered despite the market struggle. Lam Research Corp (LRCX) is a critical player in the semiconductor supply chain.

LRCX is expected to post strong earnings due to high demand for wafer fab equipment, especially from China. Analysts predict the company may guide in-line or slightly better than street expectations based on previous guidance. LRCX ranks 6th on the list of tech stocks bought by Trump’s fellow Republican.

Morgan Stanley analyst Joseph Moore believes the company may guide in-line or better than street expectation, but macro uncertainty may prevent further upward revisions. While LRCX holds investment potential, AI stocks may offer higher returns in a shorter timeframe. Check out our report on the cheapest AI stock for more promising options.



Read more at Yahoo Finance: Is Lam Research Corp. (LRCX) the Tech Stock That Trump’s Fellow Republican Bought Amid Market Rout?