ASML: Reality Check After Doubling To All-Time Highs (Downgrade)

Core Viewpoint - The article emphasizes a value-oriented approach to finance, highlighting that valuation is more indicative of long-term opportunities or risks rather than short- to mid-term timing indicators [1]. Group 1 - The author has over five years of experience in consulting and audit firms, including roles in professional valuation, financial planning and analysis (FP&A), and controlling [1]. - The approach taken in the analysis prioritizes the written word and data over simple ratings, often resulting in a hold/neutral rating even when the inclination may be bullish or bearish [1]. - The article aims to inform readers rather than make investment decisions, indicating a focus on providing insights rather than direct recommendations [1].