Two AI stocks predicted to rise after splits

fool.com

Two AI stocks, Lam Research and Palo Alto Networks, have recently split their shares, signaling potential for further price increases. Lam Research trades around $75, with analysts predicting a 33% rise to $100. Palo Alto Networks is at $180, with a 25% upside to $225. Lam Research specializes in wafer fabrication equipment, crucial for AI chip production. The company expects revenue growth of 11.5% to 13.6% over the next four years, driven by increasing demand for memory chips. It plans to return 85% of its free cash flow to shareholders. Palo Alto Networks focuses on cybersecurity solutions, benefiting from the rise in hybrid work and cloud migration. The company has unified its products, leading to a 37% increase in annual recurring revenue. Analysts expect it to grow its revenue by about 15% annually.


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