LRCX
Lam Research Corporation Technology - Semiconductor Equipment Investor Relations →
Lam Research Corporation (LRCX) closed at $231.01 as of 2026-02-02, trading 192.2% above its 200-week moving average of $79.07. The stock is currently moving closer to the line, down from 198.7% last week. With a 14-week RSI of 80, LRCX is in overbought territory.
Over the past 2131 weeks of data, LRCX has crossed below its 200-week moving average 37 times. On average, these episodes lasted 17 weeks.
With a market cap of $290.2 billion, LRCX is a large-cap stock. The company generates a free cash flow yield of 1.7%. Return on equity stands at 65.6%, indicating strong profitability. The stock trades at 28.5x book value.
The company has been aggressively buying back shares, reducing its share count by 7.4% over the past three years. LRCX passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in LRCX would have grown to $49413, compared to $2849 for the S&P 500. That represents an annualized return of 20.6% vs 10.6% for the index — confirming LRCX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 28.5% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: LRCX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LRCX Crosses Below the Line?
Across 27 historical episodes, buying LRCX when it crossed below its 200-week moving average produced an average return of +2.0% after 12 months (median +3.0%), compared to +4.7% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +33.2% vs +24.2% for the index.
Each line shows $100 invested at the moment LRCX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LRCX has crossed below its 200-week MA 37 times
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1985 | May 1985 | 1 | 0.9% | +35.1% | +132113.8% |
| Jun 1985 | Jul 1985 | 6 | 8.0% | +23.0% | +132113.8% |
| Aug 1985 | Aug 1985 | 1 | 2.5% | -17.8% | +133925.1% |
| Sep 1985 | Dec 1985 | 16 | 24.2% | -21.1% | +137700.8% |
| Jun 1986 | May 1987 | 46 | 51.1% | N/A | +130351.5% |
| May 1987 | Jul 1987 | 7 | 6.9% | -21.7% | +141694.6% |
| Oct 1987 | May 1989 | 80 | 48.5% | +7.1% | +232848.1% |
| Jun 1989 | Jul 1989 | 1 | 2.0% | -21.0% | +157704.1% |
| Sep 1989 | May 1990 | 33 | 34.0% | -51.6% | +157704.1% |
| Jun 1990 | Mar 1991 | 42 | 54.4% | +28.6% | +174611.1% |
| Jun 1996 | Jan 1997 | 33 | 38.9% | +4.0% | +24513.4% |
| Mar 1997 | Jun 1997 | 17 | 30.4% | -27.7% | +22085.6% |
| Oct 1997 | Jun 1999 | 86 | 74.6% | -74.0% | +21146.1% |
| Oct 2000 | Nov 2000 | 3 | 8.3% | +19.1% | +15655.0% |
| Nov 2000 | Jan 2001 | 5 | 18.4% | +48.0% | +18247.6% |
| Sep 2001 | Oct 2001 | 5 | 17.1% | -44.2% | +16232.5% |
| Feb 2002 | Feb 2002 | 1 | 3.1% | -36.8% | +12966.0% |
| May 2002 | Aug 2003 | 64 | 67.9% | -21.5% | +11851.3% |
| Sep 2003 | Sep 2003 | 1 | 4.3% | -5.0% | +11814.7% |
| Jul 2004 | Jul 2004 | 1 | 3.6% | +47.4% | +13022.8% |
| Aug 2004 | Aug 2004 | 2 | 7.2% | +36.9% | +12599.7% |
| Aug 2004 | Sep 2004 | 1 | 6.6% | +49.7% | +13400.9% |
| Oct 2004 | Oct 2004 | 1 | 0.3% | +40.2% | +12470.5% |
| Jan 2008 | Jan 2008 | 1 | 1.2% | -38.0% | +7065.1% |
| Feb 2008 | Feb 2008 | 2 | 1.3% | -43.5% | +6955.4% |
| Mar 2008 | Mar 2008 | 4 | 5.7% | -49.7% | +6984.8% |
| May 2008 | Apr 2010 | 99 | 56.3% | -35.6% | +7042.5% |
| May 2010 | May 2010 | 4 | 4.2% | +31.6% | +7253.2% |
| Jun 2010 | Jul 2010 | 1 | 2.5% | +20.5% | +7135.7% |
| Aug 2010 | Sep 2010 | 5 | 5.0% | +2.8% | +7116.5% |
| Aug 2011 | Sep 2011 | 5 | 3.0% | -7.1% | +7205.7% |
| Nov 2011 | Nov 2011 | 1 | 0.1% | -3.9% | +7293.2% |
| Dec 2011 | Dec 2011 | 1 | 2.5% | +1.3% | +7466.1% |
| May 2012 | Jun 2012 | 1 | 2.7% | +29.5% | +7422.1% |
| Jul 2012 | Jan 2013 | 28 | 15.8% | +29.6% | +7557.7% |
| Sep 2022 | Oct 2022 | 5 | 20.0% | +64.8% | +528.7% |
| Mar 2025 | Apr 2025 | 3 | 7.6% | N/A | +293.3% |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02