Which is better, LRCX or ON?

On the Buffett-Fit framework, Lam Research Corporation (LRCX) currently grades higher than ON — 78/100 (B grade) vs 48/100 (D). That said, "better" depends on which framework you trust — LRCX wins on Warren Buffett, Benjamin Graham, Philip Fisher, Peter Lynch, Joel Greenblatt, Charlie Munger, and Terry Smith; ON wins on none. The full pillar breakdown is on this page.

Should I buy LRCX or ON?

This page is an educational comparison, not investment advice. Both LRCX and ON are graded against the same Buffett 5-pillar framework (moat, earnings durability, management quality, financial health, valuation) plus six other documented investor frameworks. Read the side-by-side breakdown to see which one matches the criteria you care about most — and always do your own research before making any investment decision.

Is LRCX better than ON for value investing?

On the Buffett-style value-investing framework, LRCX currently grades higher — 78/100 vs 48/100, a 30-point gap. The gap is driven by which pillars each stock passes; the table on this page shows moat, durability, management, financial health, and valuation side-by-side.

What's the difference between LRCX and ON on Warren Buffett's framework?

Both stocks are evaluated on the same five pillars: economic moat (durable competitive advantage), earnings durability (consistent profitability), management quality (capital allocation), financial health (conservative balance sheet), and valuation (margin of safety). LRCX currently scores 78/100 (B grade); ON scores 48/100 (D grade). The "Where each wins" section on this page breaks down which pillar each stock dominates.

Which has the stronger moat, LRCX or ON?

Moat strength is one of the five pillars in the Buffett-Fit score on this page. LRCX and ON are each scored on ROIC sustainability, gross-margin durability, and qualitative signals like brand strength, switching costs, network effects, and regulatory barriers. The pillar breakdown on this page shows the moat sub-score side-by-side so you can see which one has the more durable competitive advantage.

Which is more undervalued, LRCX or ON?

Valuation is one of the five Buffett-Fit pillars on this page. Both stocks are scored on owner-earnings yield, price-to-intrinsic-value vs the underlying compounding rate, and the margin of safety relative to a conservative DCF. The valuation sub-score in the table below tells you which one currently trades at a more attractive price relative to its underlying business quality.

Are LRCX and ON both Technology stocks?

Yes — both Lam Research Corporation (LRCX) and ON Semiconductor Corporation (ON) operate in the Technology sector. That makes this a direct sector-peer comparison, which is the apples-to-apples way to use the Buffett-Fit framework: the score weighs each stock against its sector's specific quality and valuation benchmarks (sector-relative bonus), so the cross-stock comparison isn't distorted by inter-sector base-rate differences.

Is this LRCX vs ON comparison investment advice?

No. This page is an educational pattern-match against documented public frameworks (Buffett, Graham, Fisher, Lynch, Greenblatt, Munger, Smith), not personalised investment advice. The scores reflect how closely each stock matches each framework's documented criteria — they are not buy/hold/sell recommendations. Always do your own research and consult a licensed financial adviser for personalised advice.

Stock comparison

Lam Research

ON Semiconductor

Scored across Buffett, Graham, Lynch and Greenblatt - plus a side-by-side metric table covering valuation, quality, growth and balance sheet.

LRCX

Lam Research

Market cap

$356.06B

Sector

Technology

ON Semiconductor

Market cap

$44.41B

Sector

Technology

Overall winner

Lam Research LRCX

Wins on the combined sum of fit scores across all four strategies. Per-strategy breakdown below.

Fit scores by strategy

Strategy	LRCX	ON	Winner
Warren Buffett	78B	48D	LRCX
Benjamin Graham	88A	85A	LRCX
Philip Fisher	76B	33F	LRCX
Peter Lynch	69B	13F	LRCX
Joel Greenblatt	84C	44D	LRCX
Charlie Munger	86A	42D	LRCX
Terry Smith	88A	37D	LRCX

Side-by-side metrics

Metric	LRCX	ON
Market cap	$356.06B	$44.41B
P/E (TTM)	53.0x	77.8x
EV/EBIT	60.2x	60.7x
ROIC (TTM)	42.79%	5.4%
Gross margin	49.98%	37.22%
Net margin	30.94%	9.46%
Revenue CAGR 5y	5.96%	-2.88%
EPS CAGR 5y	11.27%	-40.86%
Debt / Equity	0.4x	0.4x
Dividend yield	0.35%	0.0%

Where each one wins

The metrics with the biggest gap between the two - sorted so the most decisive edges read first.

LRCX leads on

Revenue CAGR 5y5.96%vs -2.88%+148%
EPS CAGR 5y11.27%vs -40.86%+128%
Dividend yield0.35%vs 0.0%+100%
Market cap$356.06Bvs $44.41B+88%

ON leads on

No clear edges - the other side wins or ties on every measured metric.

Educational tool. Fit scores are deterministic projections from public financials onto each investor's published criteria - not personal recommendations or advice.

Lam Research

ON Semiconductor

Fit scores by strategy

Side-by-side metrics

Where each one wins

More like LRCX

More like ON

Related on invest-like

Key terms in this analysis