If You Had Bought Lam Research (NASDAQ:LRCX) Stock Five Years Ago, You Could Pocket A 237% Gain Today
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Lam Research Corporation (NASDAQ:LRCX) which saw its share price drive 237% higher over five years. Also pleasing for shareholders was the 23% gain in the last three months.
Check out our latest analysis for Lam Research
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
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