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Lam Research, Applied Materials Set To Reap IoT Harvest

- Internet of Things LT growth bodes well for semi-conductor equipment maker growth

- LRCX and AMAT shares near highs but at relatively undemanding valuation multiples

- As new IoT demand materializes—autos, healthcare—stocks could rise 25% or more

In the previous Signal From Noise (June 17, Continued IoT Growth Good News for   Nordic Semiconductor), I focused on the Internet of Things (IoT), which is likely to continue growing, limited only by what uses engineers dream up for semicon...

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