LRCX Stock Forecast: Embracing Double-Digit Growth

Meiru ZhongThis LRCX Stock Forecast article was written by Meiru Zhong – Financial Analyst at I Know First.

Summary

  • The decreased sales of wafer fabrication equipment (WFE) were mainly driven by the weakened customer demand, especially in the memory market, and trade restrictions on sales of specific products and services to China.
  • By the end of the December quarter of 2023, LRCX earned a total revenue of $3.76 billion, reduced by 28. 8%. Its system revenue dropped by 35.2% and customer support-related revenue decreased by 15.7% compared with the last December quarter.
  • The company differentiates products and services by focusing on multiple available market expansion opportunities and gets closer to customers by processing development capabilities near customers and manufacturing, including the Malaysia facility.
  • Lam Research has outperformed and remained resilient in spite of the slowing economy, as the revenue growth rate is almost double the growth rate expected by the World Semiconductor Trade Statistics.
  • DCF Values LRCX at $1,023, an upside potential of 8% compared with the stock price of $949.08 on March 20, 2024.

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Exploring Market Anomalies with AI

Sergey Okun  This article was written by Sergey Okun – Senior Financial Analyst, I Know First, Ph.D. in Economics.

Summary:

  • The stock market promises instant fortunes, enticing investors with tales of overnight success and financial conquest.
  • The Efficient Market Hypothesis (EMH) dominates financial theory, suggesting that consistently outperforming the market is impossible in an efficient market.
  • AI emerges as a digital detective, armed with cutting-edge tools like neural networks and deep learning to detect anomalies in real-time.

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Sustainable Stocks: ESG Does Good Through Investing 

Milana PapadopoulouThis ESG article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

  • ESG refers to investing in companies that follow ESG principles.
  • The movement has grown rapidly during the pandemic.
  • ESG investing may increase exposure to better-managed companies.
  • Caution needs to be exerted due to the amount of ambiguity

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MOD Stock Forecast: Keeping Cool

Milana PapadopoulouThis MOD Stock Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

  • MOD stock is in an uptrend and will likely continue increasing.
  • The 80/20 approach has brought operational improvements.
  • This is due to negative prospects for the Home Furnishing Industry and US Economic Growth.
  • The firm is in a favourable position to gain from sustainability trends.

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Unveiling the Power of Quant as a Service in Investment Strategies

Sergey Okun  This article was written by Sergey Okun – Senior Financial Analyst, I Know First, Ph.D. in Economics.

Quant as a service is considered the future of financial markets, democratizing quant trading and empowering users to harness its power. I Know First stands as one of the pioneers and leaders in this field, offering innovative and effective quant trading solutions based on its advanced self-learning algorithm. Visit our website for more details about I Know First solutions for institutional investors.

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CELH Stock Forecast: Bubbling Success & Healthy Growth

Anastasia MakuyevThis CELH Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

Summary

  • Celsius Holdings Inc. (CELH) stands out with a health-focused business model and a strategic partnership with PepsiCo, driving market reach and competitive advantage..
  • CELH showcases strong financial growth, highlighted by a significant net income increase and operational efficiency in Q3 2023, underpinning its growth potential ​​​.
  • Analysts project a positive future for CELH, supported by its financial strength, strategic growth initiatives, and the expanding functional beverage market.

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Interest Rate Cuts: Silver Lining Growing Brighter.

Milana PapadopoulouThis Interest Rate Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Highlights

  • The US, UK and the EU decided to hold interest rate levels steady at least until Q2.
  • Inflation has been declining steadily in the countries, with new figures approaching targets.
  • If the trend continues, interest rate cuts will be expected by June 2024.

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