Lam Research Trades at a Discount and Its Risk Is Low. It’s Been Added to Citi’s Focus List.

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Semiconductor manufacturer Lam Research, down more than 25% in 2022, was added to Citi’s U.S. Focus List based on valuation and the stock’s low risk.

Analyst Atif Malik added Lam Research (ticker: LRCX) to the bank’s U.S. Focus List, a designation reserved for stocks are attractive based on valuation, estimated total return, consensus crowding and risk-reward.

The…