Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is ASML Stock a Buy?

TheMotleyFool

0 0

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

Like: 0

ASML

Share