Is ASML Stock a Buy After Another Huge Quarter?

By Travis Hoium, Jason Hall, and Jon Quast – Jan 27, 2023 at 10:45AM

NASDAQ: ASML

ASML

Market Cap

$355B

Today's Change

(1.23%) $11.09

Current Price

$912.72

Price as of May 6, 2024, 11:12 a.m. ET

There's a lot to like in ASML's quarter, but the stock is expensive by almost any measure.

ASML (ASML 1.23%) may be the most important company in the chip industry today, and it reported another great quarter this week. But the valuation has gotten stretched even based on 2030 projections. Jason Hall, Jon Quast, and Travis Hoium discuss whether this is a stock to buy at current prices.

*Stock prices used were end of day prices of Jan. 25, 2023. The video was published on Jan. 27, 2023.

Jason Hall has no position in any of the stocks mentioned. Jon Quast has positions in ASML. Travis Hoium has positions in Chipotle Mexican Grill. The Motley Fool has positions in and recommends ASML and Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.