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Is ASML Stock a Buy?

TheMotleyFool

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Is ASML Stock a Buy?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

ASML (NASDAQ: ASML), the world's largest maker of lithography systems for chipmakers, posted its third-quarter earnings report on Oct. 20.

The Dutch company's revenue rose 32% year over year to 5.24 billion euros ($6.09 billion), but missed estimates by about 50 million euros. However, its net income jumped 64% to 1.74 billion euros ($2.02 billion) as its earnings per share (EPS) rose 68% to 4.27 euros per share and cleared expectations by 0.32 euros.

ASML's stock initially fell by as much as 5% following that mixed report, but it rebounded the following day and remains up nearly 100% over the past 12 months. Is ASML's stock still worth buying at these levels?

Source Fool.com

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