2024-03-20 13:30:00 ET
Summary
- ASML Holding N.V. dominates the EUV lithography market but is facing concerns about its very high valuation.
- The company's order cycle suggests a more robust recovery in 2025, with further order flow expected in 2024.
- ASML's exposure to China and geopolitical tensions could impact its revenue. However, the AI surge should help mitigate headwinds.
- I explain why selling out of ASML to cut exposure isn't necessary.
- Despite that, I urge significant caution due to overvalued shares.
ASML Outperformed Well Thanks To AI Hype
When you own a position in a company that dominates the EUV lithography market in the world, like ASML Holding N.V. ( ASML ), you will likely hang on to it even though it could be overvalued....
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For further details see:
ASML: Don't Be Fooled Into Buying Its Overvalued Shares Now