ASML Offers Decent Upside With Decent Annual Returns
ASMLASML Holding(ASML) Seeking Alpha·2024-02-02 12:37

HUNG CHIN LIU/iStock via Getty Images Thesis In this article, I will evaluate ASML Holding N.V. (NASDAQ:ASML) to ascertain its estimated fair price and gauge its investment potential. Upon employing two models, I have determined that the stock offers an upside ranging from 13.4% to 29.6%, with potential annual returns spanning from 16.8% to 21.5%. The sole identified risk pertains to the semiconductor cycle, which is speculated to have already bottomed out. Consequently, I rate ASML stock as a strong buy. O ...