Speaker owns LRCX long term, likes it and wouldn't sell; it performed excellently over two years. But LRCX recently broke support; into earnings after a sharp decline, nervous investors may sell on any slowdown or problem, so short term could be worrying. It jumped 26% last quarter; he will wait for positive reaction.

Yes, I also own this stock in my long-term portfolio, and I like it; it has performed excellently over the past two years. However , I would like to point out again that this is another stock that recently broke the support level .

So, it's a difficult situation when you approach earnings reports with these companies that have declined sharply, because investors get nervous, and when growth slows or there is any sign of any problem, people get anxious and rush to sell the stock.

So, I really like the stock. I personally would not sell it. I keep it in my long-term portfolio, but in the short term, given the breaking of support levels, it could be worrying.

But last quarter, the stock jumped 26% after the earnings announcement. So, we have to wait and see if we will get a positive reaction to this stock.