Published on 26 Nov 2022 on Simply Wall St. via Yahoo Finance
Is Lam Research Corporation's (NASDAQ:LRCX) Recent Stock Performance Tethered To Its Strong...
Lam Research (NASDAQ:LRCX) has had a great run on the share market with its stock up by a significant 18% over the last month. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Lam Research's ROE today.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
View our latest analysis for Lam Research