$LRCX stock price has grown at a CAGR of 29% over the last five years. Although half of the growth has come from multiple expansion (12x - 22x) the core business is compounding 13% intrinsic growth. Down 20% this month, I like to think the right price is somewhere between

$META is a machine. For every $1 in free cash flow the company makes they are reinvesting $0.46 at a 34% return. Compounding intrinsic value at 15%.

Hope you’ve got the shopping list ready 🛒 $LRCX $ASML $CDNS $MSCI $NVDA $CPRT $FTNT $V $MA $MSFT $AAPL $AMAT $AMZN

Management was the issue if anyone was wondering.

Bearish on $lulu now…

The decline of intellectual, coherent, practical, and beneficial information. The rise of impulsive, shallow, and thoughtless information. - Neil Postman