Mother of god – Lam Research is at an all-time high. Novellus is up almost $3 bucks. Bbbbbbuuuuubbbbble flashback?
I quickly pulled up AMAT and INTC – nah!
Just a strong market where good performance is rewarded and crap is crap.
This has to be the best market for traders in years. It almost makes sense – nah!
I have to check into this Lam Research (LRCX). They are doing something right.
Any insights out there? – Bueller….
My guess is they, just like tech, are part of a lot of value funds that are getting their day in the sun.
Looks like it is taking a beating today – ahead of earnings?