Strong Demand Lifted Lam Research Corporation (LRCX) in Q4

2 hours ago 1

Soumya Eswaran

Tue, March 31, 2026 astatine 8:35 AM CDT 3 min read

Parnassus Investments, an concern absorption company, released the “Parnassus Mid Cap Fund” fourth-quarter 2025 capitalist letter. A transcript of the missive is disposable to download here. The Q4 2025 marked the fund’s consecutive 4th of outperformance, returning 1.17% (net of fees) successful the quarter, surpassing 0.16% instrumentality for the Russell Midcap Index. The show was supported by investments successful the Information Technology sector, arsenic good arsenic holdings successful Utilities. During the quarter, the marketplace started to turn beyond artificial intelligence. YTD, the Fund returned 12.85% (net of fees) compared to 10.60% instrumentality for the index. Looking up to 2026, the Fund is optimistic, arsenic mid-cap stocks whitethorn thrust the marketplace upward if economical maturation continues to grow beyond AI. In the lawsuit of a marketplace decline, the Fund believes that its portfolio of starring companies with coagulated fiscal positions volition supply downside protection. In addition, delight cheque the Fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its fourth-quarter 2025 capitalist letter, Parnassus Mid Cap Fund highlighted Lam Research Corporation (NASDAQ:LRCX) arsenic 1 of its notable contributors. Lam Research Corporation (NASDAQ:LRCX) is simply a starring semiconductor instrumentality institution that supplies semiconductor processing instrumentality for the fabrication of integrated circuits. On March 30, 2026, Lam Research Corporation (NASDAQ:LRCX) closed astatine $199.93 per share. One-month instrumentality of Lam Research Corporation (NASDAQ:LRCX) was -7.98%, and its shares gained 174.52% implicit the past 52 weeks. Lam Research Corporation (NASDAQ:LRCX) has a marketplace capitalization of $251.118 billion.

Parnassus Mid Cap Fund stated the pursuing regarding Lam Research Corporation (NASDAQ:LRCX) successful its 4th fourth 2025 capitalist letter:

"Lam Research Corporation (NASDAQ:LRCX), a decorator and shaper of semiconductor processing equipment, continues to spot beardown request for its industry-leading process tools and instrumentality to enactment semiconductor manufacturing driven by the AI megatrend."

Morgan Stanley Raises Lam Research (LRCX) Valuation connected Strong DRAM Investment Forecast

Lam Research Corporation (NASDAQ:LRCX) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 104 hedge money portfolios held Lam Research Corporation (NASDAQ:LRCX) astatine the extremity of the 4th quarter, up from 93 successful the erstwhile quarter. While we admit the imaginable of Lam Research Corporation (NASDAQ:LRCX) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

Read Entire Article