3 Promising Stocks of the Next Decade- ASML Holding

ASML Holding Some experts argue that with the end of the coronavirus epidemic, the golden age between the times of World War I and the Great Depression, called the "roaring twenties", may recur. Experts say the pent-up demand caused by the restrictions will come back strongly after the outbreak. In our previous review; We detailed the "roaring twenties" of the golden ages of the economy and discussed Disney, one of the following three stocks with long-term potential. Today we will look at ASML Holding, which has almost a monopoly on photolithography systems.

• Disney (NYSE: DIS),
• ASML Holding (NASDAQ: ASML)
• Snap (NYSE: SNAP)

3 Promising Stocks of the Next Decade- ASML Holding

  ASML Holding (NASDAQ: ASML)   ASML has an almost monopoly on photolithography systems used to print circuit patterns on silicon wafers. Photolithography is used by ASML in the production of computer chips. Among the customers of the semiconductor equipment manufacturer, originally from the Netherlands; There are companies that use EUV (ultraviolet) photolithography systems such as Taiwan Semiconductor Manufacturing, Samsung and Intel. ASML's stock price has gained more than 500 % in the past five years. Analysts forecast the company to report 33 % growth this year, with high-quality EUV systems. Developing EUV systems, which accounted for 43 % of its revenue last year, over the past two decades, ASML has used it as a leverage against its smaller competitors and provided a comfortable leadership in the market. For the company, whose gross margins are constantly rising, analysts expect revenue to increase by an average of 17 % over the next five years. The growth of markets such as 5G phones, connected cars, larger cloud data centers and the 'Internet of Things' will increase the need for more chips in the next decade.  

Source: The Motley Foll

 

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