ASML from a long term perspective
ASML is a strong company who is planning to build more facilities in the US, I believe they are building one here in my home state of CT. 2,000 - 4,000 jobs could be added. The weekly chart looks great.
Some might see ASML as being richly valued, however it resides in the semi-conductor industry which has been seeing more growth in comparison to other industries.
ASML Fundamentals
P/E - 33
PEG 0.77
EPS 20.61 for the last 12 months
395 million shares (19% held by institutions)
Always pay attention to the float and shares outstanding. Many new investors don't know that companies can just issue more shares when they need money. Called 'raising capital through secondary offerings,' it should be called "Diluting Investors" because that's what it does. Each time this happens your stock is valued lower and lower.
Some might see ASML as being richly valued, however it resides in the semi-conductor industry which has been seeing more growth in comparison to other industries.
ASML Fundamentals
P/E - 33
PEG 0.77
EPS 20.61 for the last 12 months
395 million shares (19% held by institutions)
Always pay attention to the float and shares outstanding. Many new investors don't know that companies can just issue more shares when they need money. Called 'raising capital through secondary offerings,' it should be called "Diluting Investors" because that's what it does. Each time this happens your stock is valued lower and lower.
