InvestAnswers on $LRCX (Nov 6, 2026)
AI summary · InvestAnswers
LRCX is a bargain: it is deeply below its 200-day moving average, nearly at “level two,” and crazy oversold under $200, while the company is buying back $25 billion, about 10% of its stock.
Bullish
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InvestAnswersPublished Nov 6 · 1 passage
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Lamb Research also deep under the 200 day moving average coming down to what level is that? Zoom in. six, five, four, three, nearly at level two. Crazy oversold down here under 200 bucks.
Lamb research and so much so they came out and said, "You know what? Screw you guys. We're going to buy 10% of our stock back." And that's what they're going to do. $25 billion repurchase. Um, and again, uh, a bargain.
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