Think It's Too Late to Buy ASML Holding (ASML) Stock? Here's the 1 Reason Why There's Still Time.

Core Insights - ASML Holding has averaged annual gains of 27.6% over the past decade, turning a $3,000 investment into over $34,000 [1] - The current forward-looking price-to-earnings (P/E) ratio of ASML is 32, slightly below its five-year average of 34, indicating it may not be overvalued [1] Company Overview - ASML specializes in lithography equipment for semiconductor manufacturing, being the sole supplier of advanced extreme ultraviolet systems (EUVs) [2] - The cost of ASML's latest systems exceeds $400 million, and these systems typically last for several decades, providing recurring revenue from servicing contracts [2] Growth Potential and Challenges - ASML is expected to continue growing, although potential challenges include geopolitical issues affecting business with China [3] - A positive factor for ASML's growth is Nvidia's partnership with Intel to develop technology for artificial intelligence (AI) [3] Dividend Information - ASML is a dividend-paying stock with a recent yield of 0.76%, and its total annual payout has increased from $3.13 in 2019 to $7.15 per share in 2023 [4] - The growth in ASML's dividend payout indicates a strong financial position and commitment to returning value to shareholders [4]