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Lam Research Stock's 312% Five-Year Run Seen as Stretched

Original: Lam Research (LRCX) Stock Looks Stretched As Its 312% Five Year Run Continues

Lam Research shares have surged 312% over the past five years, and commentary now suggests the semiconductor equipment maker's stock looks stretched at current levels. Investors are weighing whether the chip-sector rally has run ahead of fundamentals, with analysts questioning valuation after such a steep, sustained climb.

Why now: The stock's outsized five-year gains are prompting debate about whether its valuation has become too expensive.

Lam Research

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