ASML Has a Monopoly on the Most Important Machine in Tech. Here's Why the Stock Is a Buy.

Due to antitrust laws and modern government intervention, true monopolies are few and far between today. Most companies that approach monopoly status are stopped by the state intervening in their attempts to create one.That's why it's so surprising that one of the world's only true monopolies exists in an industry so critical to the global economy: Semiconductor manufacturing equipment.I'm talking about ASML N.V. (ASML +3.98%), which is the world's only provider of extreme ultraviolet (EUV) lithography mach ...