ASML reaches inflection point with 100% upside in sight

Key PointsASML had a solid quarter and gave cautious guidance that sent the market soaring. A 45% YOY increase in net bookings is only one reason to think guidance is weak. A move above critical resistance could lead to a 100% gain for this market. 5 stocks we like better than ASML ASML Holding N.V. NASDAQ: ASML did not give the guidance that suggests its share price could rise 100% unless you consider the guidance cautious.In that case, the guidance for flat revenue in 2024 catalyzes the market and is a fo ...