We recently compiled a list of the 10 Best Investments During A Recession. The fourth stock on our list of best investments is Lam Research Corporation.
TheFly reported on January 9 that Goldman Sachs analyst James Schneider raised the LRCX price target to $180 from $160 while maintaining a Buy rating. Improved semiconductor industry circumstances, substantial demand from AI processors, and anticipated higher investment in DRAM and NAND memory are the reasons behind the increase in this price target. The firm is well-positioned to profit from incremental memory investments as capital spending patterns improve and advanced chip production activity picks up speed, according to Goldman Sachs, which also emphasized LRCX’s strong competitive position.
Similarly, on the same day, Mizuho raised its price target on Lam Research Corporation (NASDAQ:LRCX) to $220 from $200 while maintaining an Outperform rating. The update was included in the company’s 2026 capital equipment and semiconductor stock outlook. Mizuho anticipates further, albeit more moderate, growth in 2026 due to appealing values. The company is skeptical about electric cars, automobiles, analog chips, computers, and phones, but it favors AI accelerators, wafer manufacturing equipment, optical, and memory sectors.
Lam Research Corporation (NASDAQ:LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. The company’s products allow chipmakers to build smaller and better-performing devices used in a variety of electronic products, including mobile phones, personal computers, and data centers.
While we acknowledge the potential of LRCX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
