4 Reasons to Buy ASML Holding Stock Like There's No Tomorrow
This often overlooked company is one of the chipmaking industry's most important workhorses.
Are you ready to put some of your idle cash to work but aren't sure where? Maybe the market's usual favorites aren't so compelling right now.
If that's the case, there's nothing wrong with looking off the beaten path and stepping into a name that many investors may have never heard of -- like ASML (NASDAQ: ASML). There are four specific reasons some investors might want to make a point of diving into this specific stock sooner than later.
ASML isn't a household name, but it's unlikely anyone living in your household doesn't regularly rely on the company's technology. This Dutch company designs and builds the complex equipment needed by the semiconductor manufacturing industry to cost-effectively make high-performance microchips at scale. Some of its biggest customers include Taiwan Semiconductor Manufacturing, Samsung, and Intel, for instance.
