Buy Asml Holding Long Term

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Buy Asml Holding Long Term

Asml Holding Buy or Sell This Stock For The Long Term

One thing that has made a lot of money for investors is patience. Buying and holding the right stocks is one of the easiest ways to build wealth.

With that in mind, there's one stock that you can hold for the long term, and it's ASML Holding (ASML). They make tools that are used by all the big chip manufacturers.

Asml To Benefit From Ai Infrastructure Spending

So, what does ASML Holding make exactly? They make EUV and DUV lithography systems, which are very important for the manufacturing of semiconductors. These systems are used to etch the circuit patterns on the chips.

The Q3 results of ASML Holding showed a total net sales of 7.5 billion and a net income of 2.1 billion. The net sales of ASML Holding were mostly flat on a y/y basis. But despite this, the long-term outlook of ASML Holding is still very strong.

There is a massive demand for chips in the AI and HPC workloads. And the tools made by ASML Holding are essential in making these chips.

Looking ahead, experts believe that ASML Holding will continue to enjoy higher demand for the chips. Especially, the AI infrastructure spending will help the ASML Holding stock a lot.

The ASML Holding is not just limited to its hardware, though... They also have a stake in Mistral AI, a leading company that uses AI to improve productivity, performance, and other metrics.

So, this deal is sure to help ASML Holding (ASML) in diversifying its income sources and expand into a new sector.

The best part is that ASML Holding is trading at a 26.7x of its forward earnings. Now, that's pretty good for a company that is such an important player in the tech sector.

So, if you are looking for a stock that you can buy and hold for the long term, then ASML Holding can be a pretty good choice.

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