ASML (ASML) closed at $757.83 in the latest trading session, marking a +1.79% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.06%, and the technology-centric Nasdaq increased by 1.7%.Heading into today, shares of the equipment supplier to semiconductor makers had lost 1.42% over the past month, lagging the Computer and Technology sector's gain of 1.98% and the S&P 500's gain of 0.94% in that time.Investors will be eagerly watch ...

Artificial intelligence (AI) took over Wall Street in 2023 and arguably drove the broader market's turnaround last year. But AI boils down to more than just owning any stock that happens to have some connection to those two magic letters. Inevitably, hype attracts both contenders and pretenders. Some AI stocks will be winners, and some won't.Want to know which AI stocks to consider in 2024? I've made you a cheat sheet to point you in the right direction.Here are the five AI stocks you need to have on your r ...

SweetBunFactory Introduction ASML Holding (NASDAQ:ASML) is one of the leading companies in the semiconductor sector, playing a crucial role in the industry. Its stock performance history has been extraordinary, with a notable increase of 380% in the last five years. Despite these successes, there have been signs of uncertainty regarding its long-term potential. Some recent news raises doubts about the sustainability of ASML's EUV technology, especially in the face of competition from Japanese companies ...

The most recent trading session ended with ASML (ASML) standing at $713.22, reflecting a -0.74% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.Coming into today, shares of the equipment supplier to semiconductor makers had lost 4.67% in the past month. In that same time, the Computer and Technology sector gained 2.68%, while the S&P 500 gained 3.52%.The investment community will ...

Core Viewpoint - ASML has experienced a recent decline in stock performance, with a -2.4% return over the past month, contrasting with the S&P 500's +4% and the semiconductor equipment industry's +3.4% [1] Earnings Estimate Revisions - For the current quarter, ASML is projected to report earnings of $5.08 per share, reflecting an increase of +8.1% year-over-year, with the consensus estimate remaining unchanged over the last 30 days [2] - The consensus earnings estimate for the current fiscal year is $20.69, indicating a year-over-year change of +39%, while the next fiscal year's estimate is $20.33, showing a -1.8% change [3] - ASML holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near term due to recent changes in earnings estimates [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $7.34 billion, indicating a year-over-year increase of +11.8% [4] - For the current fiscal year, the revenue estimate is $28.82 billion (+24.9%), and for the next fiscal year, it is $29.17 billion (+1.2%) [4] Last Reported Results and Surprise History - In the last reported quarter, ASML generated revenues of $7.26 billion, a +24.7% increase year-over-year, with an EPS of $5.23 compared to $4.32 a year ago [5] - The company reported a revenue surprise of -3% against the Zacks Consensus Estimate, while the EPS surprise was +4.6% [5] - ASML has consistently beaten consensus EPS estimates in the last four quarters but has not met revenue estimates in the same period [6] Valuation - ASML's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued [7] - The Zacks Value Style Score grades ASML as D, indicating it is trading at a premium compared to its peers [8] Bottom Line - The information presented suggests that ASML may be worth monitoring, with a Zacks Rank 2 indicating potential for outperformance in the near term [9]

The semiconductor market is staging a solid rebound after a not-so-impressive first half of 2023. Semiconductor sales rose a solid 5.3% year over year in November 2023, the first time since August 2022, as demand rebounded on easing inflation, the Semiconductor Industry Association said on Jan 9.Sales totaled $48 billion in November compared to $45.6 billion a year ago. Also, sales jumped a solid 2.9% month over month in November from October’s total of $46.6 billion.The year-over-year jump in sales in Nove ...

Semiconductors, commonly referred to as microchips, are a bright highlight of technology, existing in nearly every aspect of our lives.Over the last several years, chip stocks have exploded in popularity, and for an easy-to-understand reason – they have been stellar investments.And for those seeking exposure, several chip stocks – Micron Technology (MU) and ASML (ASML) – have all seen their near-term earnings outlooks shift favorably, reflecting optimism among analysts.Let’s take a closer look at each.Micro ...

Foreign stocks are underrated investments that could be an important addition to your portfolio. International companies can be a great tool for diversification, and they remove some risk from investment strategies that depend on the continued health of the U.S. economy. There's a whole world of strong businesses out there -- these are three of the best international stocks to consider.1. ASMLASML (ASML 0.44%) supplies manufacturing equipment to customers in the semiconductor industry. This Dutch company ho ...

The U.S. stock market started to falter after a marvelous rally in 2023. This can be attributed to a decline in big tech and a rise in yields. Investors’ enthusiasm over the Fed rate cuts also faded, reflecting concerns about the skyrocketing market after a sharp rally over the past two months.This resulted in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span. We have highlighted five leveraged inverse ETFs that piled up handsome gains in ...

Key TakeawaysThe Dutch government put restrictions on some ASML equipment exports to China, following limits announced by the U.S. last year.ASML said it doesn't believe that decision, or rules put in place by the U.S., will have an impact on its 2023 results.The company said it recently received clarification from Washington on what is no longer allowed to be shipped, and will cooperate with any export control legislation in countries where it operates.American depositary receipts (ADRs) of Netherlands-bas ...