ASML Holding: The Bottom May Be Already In, Contrarian Buy

Core Insights - ASML Holding N.V. reported worse-than-expected results for its third quarter, leading to a significant decline in its stock price by 16% on the first day following the announcement [1] - The company also reduced its sales forecast for 2025, indicating potential challenges ahead in meeting market expectations [1] Financial Performance - The third-quarter results were below analysts' expectations, which has raised concerns among investors regarding the company's growth trajectory [1] Market Reaction - Following the disappointing earnings report, ASML's stock experienced a sharp drop, reflecting investor sentiment and market volatility in response to the news [1]