QM · rank #19 · 2026-09-04
LRCX
NASDAQ · $377.26B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +219.51% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +65.1% |
| Profit margin Net profit margin, trailing 12 months. | +31.3% |
| Market cap (USD) Size filter: > $500M required. | $377.26B |
| Anchor (recent) Close on 2026-08-05 | $307.42 |
| Anchor (far) Close on 2025-08-05 | $96.22 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Lam Research supplies etch and deposition wafer fabrication equipment to global memory and logic chipmakers, with demand increasingly driven by AI-accelerated NAND and advanced node spending.
Rationale
Record Q4 FY2026 revenue of $6.72B (+30% YoY), 65% ROE, 31% profit margins, and a September quarter guide of ~$8.1B confirm that both the quality and momentum signals are grounded in accelerating, fundamental earnings power rather than sentiment drift.
Material risks
- 1~35% China revenue exposure with the April 2026 Hua Hong shipment halt already biting — further export control escalation is the single most credible near-term earnings discontinuity that could snap the momentum leg.
- 2Lam's raised $140B WFE outlook is predicated on sustained AI capex; a customer spending reversal or NAND overbuild cycle would compress both revenue and the elevated ~52% gross margin structure simultaneously.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.