Conclusion:
ASML is an extremely well-positioned company in the sector that continues to grow rapidly. Financially, ASML is in good shape. Its large investments in development give ASML a technological edge in the high-tech sector, making it less susceptible to major market fluctuations. Still, ASML remains volatile and one should take into account that the price can correct significantly.
For the short term, there is still a price increase in the range of 5 to 10 percent. It's worthwhile in itself but as said; Stay vigilant as it seems we are approaching the final surge before a potential price correction, so keep a close eye on the situation. It gets more interesting when the price is back around €750. From that level, we can expect another sharp rise to the price targets that are calculated both fundamentally and technically of around € 1,250- € 1,300. Possibly this will provide the impetus for the final sprint.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' insights and experiences. They are therefore for educational purposes only.