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ASML Holding N.V. (ASML): A Bull Case Theory

We came across a bullish thesis on ASML Holding N.V. (ASML) on Substack by Best Anchor Stocks. In this article, we will summarize the bulls’ thesis on ASML. ASML Holding N.V. (ASML)'s share was trading at $666.72 as of May 1st. ASML’s trailing and forward P/E were 26.46 and 24.57 respectively according to Yahoo Finance.

[caption id="attachment_1208077" align="aligncenter" width="768"] A worker operating a robotic arm in a semiconductor manufacturing facility.[/caption]

ASML’s latest earnings release came in the midst of a challenging macro environment and a shaky...