Cramer vs. Chaikin: Lam Research Makes Them Both a Little Nervous
TheStreet's Jim Cramer and Marc Chaikin, of Chaikin Analytics, spent an hour together at our offices talking all things markets. Listen to the whole conversation below. In the except above, they discuss Lam Research and why it makes them nervous.
It's not often you get two powerhouses to sit down and discuss their investing strategies, hottest stocks picks, earnings, the economy and more. Investors of any age can learn from this powerful one hour conversation with TheStreet's Jim Cramer and Marc Chaikin of Chaikin Analytics.
In the video above, they tackle Lam Research (LRCX) . The company reported a great quarter but the stock is still down 13% over the last three months and this worries both of them. "It didn't take out the top and it broke down below support [on the chart]," says Chaiken.
Listen to Chaiken give his technical analysis on Lam and explain why it all makes him a little nervous.
The apparel maker's technical signals indicate that is poised to resume a rally.
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