ASML Holding is a critically important company in the semiconductor industry because its components are used in the production of most semiconductors globally. Their unique technology gives them a strong position in the market.
Looking at the price action, the stock was trading around $700 back in April 2021 when the company had $5.25 billion in revenue and an EPS of $3.86. Fast forward to October 2024, revenue increased to $8.14 billion (a 55% increase), and EPS grew to $5.75 (a 49% increase).
Despite this significant growth, the stock is down over 35% from its highs of $1,100 set this July.
To me, this presents an excellent risk-reward opportunity, and I’m in at $688.
Beyond Technical AnalysisFundamental Analysis

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