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ASML Stock: Next Stop $2,000?

TheMotleyFool

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ASML Stock: Next Stop $2,000?Photo, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Shares of semiconductor lithography specialist ASML Holding (NASDAQ: ASML) have more than doubled over the last year -- crushing the performance of the broader tech sector and Nasdaq Composite. At $1,410 per share at the time of this writing, ASML would need to gain around 42% to surpass $2,000 per share, and 81% to become the first European company to surpass $1 trillion in market capitalization.

Here's why ASML's investment thesis is stronger than ever, and what could hold the tech stock back from surpassing $2,000 per share.

Image source: Getty Images.

Source Fool.com

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