If You Only Buy One Chip Stock This September, History Points to This One
Lam Research is entering September with a powerful mix of seasonal strength, AI-driven demand, and accelerating growth across advanced semiconductor manufacturing.
Overview
If I had to choose one semiconductor stock to buy going into September, Lam Research (NASDAQ: LRCX) would be near the top of my list. Its seasonal track record is worth paying attention to, but the bigger story is what's happening across the business right now. Demand for chipmaking equipment remains strong, AI investment continues to drive spending, and several of Lam Research's growth areas are starting to come together at the same time.
Data over the past 20 years shows that a buy date of Sept. 9 and a sell date of Jan. 10 produced a geometric average return of 7.46% above the S&P 500. That strategy beat the benchmark index in 17 of 20 periods.
Details
Seventeen out of 20 is a strong hit rate, and it aligns with the broader semiconductor pattern, where a Sept. 22 entry has beaten the index by 5.39% annually over the same span. The market as a whole averages a 0.7% loss in September, with gains only 46% of the time.
Source
Originally published at www.fool.com.