Recently, we dropped some juicy tidbits about “15 Fresh Stocks Jim Cramer Discussed.” Spoiler alert: ASML Holding N.V. (NASDAQ:ASML) is one of the stocks Jim couldn’t resist chatting about.
Now, let’s dive into the wondrous world of ASML Holding N.V. Picture this: a Dutch semiconductor manufacturing equipment provider strutting around like it owns the runway. Why? Because it does! It’s casually monopolizing the high-end market, being the only player in town that can produce those fancy EUV lithography machines. Talk about exclusivity!
In case you missed it, ASML’s shares have skyrocketed by 79% over the past year—clearly, they’ve been hitting the gym! They’re also flexing a 16.8% gain year-to-date, leaving many investors scratching their heads in awe (or is it jealousy?). The buzz around Taiwan’s chip titan TSMC’s recent earnings is only adding fuel to the fire. Analysts are suddenly more interested in ASML’s shares than a cat at a laser pointer convention.
For instance, Bernstein couldn’t resist the urge to reiterate an Outperform rating with a €1,300 price target, all because of TSMC’s capital expenditure guidance that invited a glorious 32% annual increase. Talk about winning at life! Meanwhile, RBC Capital decided to jump on the bandwagon too, initiating coverage in January with an eye-popping $1,550 target. Apparently, they suspect wafer equipment and EUV machine spending might stick around like that friend who overstays their welcome.
“It’s really funny ASML moved faster than Taiwan Semi itself and the others caught up, and a lot of firms upgraded the capital equipment stocks.”
While ASML is flashing its bling and tossing out investment potential like confetti, some of us are sitting here pondering if AI stocks might actually outshine this glitzy giant. You know, those alleged wonders that might deliver sweeter returns while keeping the downside risk as low as a limbo stick at a family reunion.
If you’re itching for an AI stock that won’t leave your wallet gasping for air—and happens to benefit from Trump tariffs and onshoring—look no further! We’ve got a free report on the best short-term AI stock that’s practically begging for your attention.
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Disclosure: None. Just a casual reminder that this article was originally published at Insider Monkey. Enjoy!
