ASML Could Be a No-Brainer Buy in March

ASML Holding (NASDAQ: ASML) is one of the world's most important semiconductor equipment companies. It's the largest supplier of photolithography systems for optically etching circuit patterns onto silicon wafers.It's also the only producer of high-end extreme ultraviolet (EUV) lithography systems for manufacturing the world's smallest, densest, and most power-efficient chips. All of the world's top foundries -- including Taiwan Semiconductor Manufacturing, Samsung, and Intel -- use those systems.But over the past 12 months, ASML's stock declined 25% as the Nasdaq Composite rallied nearly 20%. That pullback, which was largely driven by macro and regulatory concerns, could represent a great buying opportunity for three simple reasons.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool