A Summit Insights analyst says that Lam Research (LRCX) is well positioned in the longer term. George Tsilis discusses LRCX, Tesla (TSLA), IBM (IBM), and American Airlines (AAL). He notes that Tesla is falling after earnings, as its 3Q energy generation and storage revenue came in at $1.12B. IBM reports better-than-expected earnings, and is compared to other legacy tech stocks such as HP (HPQ), Oracle (ORCL), and Xerox (XRX). Finally, American Airlines beat earnings expectations. Tune in to find out more about today's market movers.
20 Oct 2022