BUY, SELL, KEEP

Let it rise. Take your capital back. Let your free shares grow forever

Just bought Lam Research Corporation LRCX, which sells pickaxes during during to Silicon gold rush

Published by

deminvest

on

, ,

I like this high growth stock that sells the machinery used to build high tech stuff. It is like the iconic “sell pickaxes during a gold rush”.
Levy selling pickaxes and shovels in a gold rush

A very reasonably priced company:

Trailing P/E 17.32
Forward P/E 1 12.54

With a spectacular growth rate:

Quarterly Revenue Growth (yoy) 51.80%

Little  debt, plenty of cash

Total Cash (mrq) 6.18B
Total Cash Per Share (mrq) 38.13
Total Debt (mrq) 2.43B

 

Growing dividends:

Dividends & Splits

Forward Annual Dividend Rate 4 2
Forward Annual Dividend Yield 4 1.03%
Trailing Annual Dividend Rate 3 1.80

 

 

10 responses to “Just bought Lam Research Corporation LRCX, which sells pickaxes during during to Silicon gold rush”

  1. deminvest Avatar
    deminvest

    Here is my trade

    1/29/2017 11:54:00 Buy 8 LRCX Limit 192.00 DAY
    Bought @ 191.8699

    Reply
  2. andrew Avatar
    andrew

    hey , found your blog again.. i remember you buying BIDZ and seeing that sucker go down lol. you still have the 40% strategy in place? i saw you bought alibaba as well. me too.. it’s been good!

    Reply
  3. deminvest Avatar
    deminvest

    Hi Andrew,
    it’s great to hear from you again!
    I still do the “40% strategy”.
    Now I own more than 100 free stocks that way, although some like BIDZ went belly up.
    I just added one more little “trick” when I sell: the “trailing stop order”.
    When my stock is up 40% I put a 5% “trailing stop order”.
    That means that, if the stock goes 5% down, it is automatically sold. If it continues going up it is not sold until it loses a 5%. If it goes a lot up, I change the order to a 10% trailing stop.
    https://www.investopedia.com/terms/t/trailingstop.asp

    Reply
  4. andrew Avatar
    andrew

    congrats… key is consistency. don’t fully share your strategy, but we don’t need to :-). that’s the beauty of it.
    i still own the few i owned back at that time. same google, apple, visa, alibaba, etc. oh and that sucker bidz that drained me haha

    Reply
  5. andrew Avatar
    andrew

    hey btw, spotify, airbnb, and Xiaomi are coming as IPOs

    Reply
    1. deminvest Avatar
      deminvest

      Sounds very interesting. I found this “Renaissance IPO ETF” which should make it less complex to invest in all those IPOs

      Reply
  6. deminvest Avatar
    deminvest

    That’s cool. When did you buy Alibaba?
    I think I’m interested in Xiaomi out of that lot

    Reply
    1. Andrew Avatar
      Andrew

      Bought baba as soon as it became available to us proletarians in 2014

      Reply
  7. deminvest Avatar
    deminvest

    A long suffering and then a super boom. Good choice.

    Reply
    1. www xjdfw xyz Avatar
      www xjdfw xyz

      What ?

      Reply

Leave a reply to deminvest Cancel reply

Previous Post
Next Post
  1. deminvest's avatar
  2. deminvest's avatar
  3. deminvest's avatar
  4. deminvest's avatar
  5. deminvest's avatar

BUY, SELL, KEEP

About

We, small uneducated investors, will always be the last to know what is really happening. Trading this kind of stocks exposes us to the risk of becoming food for insider trading sharks, who do “somehow” know what is really happening

subjects

TAGS


Blog at WordPress.com.