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

We came across a bullish thesis on ASML Holding N.V. (ASML) on Capitalist Letters’s Substack by Oguz Erkan. In this article, we will summarize the bulls’ thesis on ASML. ASML Holding N.V.'s share was trading at $714.10 as of Oct 21^st. ASML’s trailing and forward P/E were 37.33 and 23.98 respectively according to Yahoo Finance.

[caption id="attachment_1224224" align="aligncenter" width="768"] An aerial view of a modern fabrication center with equipment for producing semiconductor components.[/caption]

ASML has established itself as a dominant player in the semiconductor...