Lam Research Corp
Here’s whether Lam Research Corp (LRCX) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); RSI 57 — healthy momentum range; strong 1-year return of +219.1%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-0.16% over 10 days); declining volume on rally — weak conviction (0.79x 30d avg). Currently 28.4% off its 52-week high. Score: +1/7.
LRCX is holding above its long-term 200-day MA ($253.59) but has slipped below the 50-day MA ($337.28), pointing to short-term weakness in an otherwise intact trend. An RSI of 57.1 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +219.1% compares to +20.5% for SPY (beat the market by 198.6%). The current 28.4% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.