North America is home to many of the world's leading and most valuable companies, including ****** eX and Tesla, both run by Elon Musk. But there are also many solid businesses in Europe involved in tech that make compelling investments, helping U.S. investors diversify outside domestic markets.
There's one company in particular, however, that has gotten the attention of Musk, one which he believes is the best in Europe, and that's ASML Holding (NASDAQ: ASML). Here's a look at what makes that company so special, and whether it can be a great investment today.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
ASML plays an important role in the tech sector, as its photolithography machines etch patterns onto chips. It has a virtual monopoly on extreme ultraviolet machines used in the newest and most advanced chips. For Musk, these machines are vital to Terafab and to his vision of creating a massive chipmaking factory.
Its dominant position in tech has enabled ASML to become one of the most valuable companies outside of North America, with a market cap of around $730 billion. Last year, its sales totaled 33 billion euros, and its top line has grown by 54% over the past three years. It also generates healthy profit margins of around 30%.
There's one company in particular, however, that has gotten the attention of Musk, one which he believes is the best in Europe, and that's ASML Holding (NASDAQ: ASML). Here's a look at what makes that company so special, and whether it can be a great investment today.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
ASML plays an important role in the tech sector, as its photolithography machines etch patterns onto chips. It has a virtual monopoly on extreme ultraviolet machines used in the newest and most advanced chips. For Musk, these machines are vital to Terafab and to his vision of creating a massive chipmaking factory.
Its dominant position in tech has enabled ASML to become one of the most valuable companies outside of North America, with a market cap of around $730 billion. Last year, its sales totaled 33 billion euros, and its top line has grown by 54% over the past three years. It also generates healthy profit margins of around 30%.
5 months ago
