In this video, I will talk about ASML's (ASML +3.25%) first-quarter earnings report, which met the company's expectations. Management still expects a flat 2024 followed by an acceleration in 2025. I'll explain why long-term investors should be looking to buy any weakness in the stock.

*Stock prices used were from the trading day of April 17, 2024. The video was published on April 18, 2024.

Read Next

Neil Rozenbaum has positions in Intel. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, and Nvidia. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short May 2024 $47 calls on Intel. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

ASML Stock Quote
ASML
NASDAQ: ASML
$1,867.31
(+3.25%)+$58.82
Stock Advisor

Motley Fool Stock Advisor’s Latest Pick

Get Access
---% Avg Return
Intel Stock Quote
Intel
NASDAQ: INTC
$119.33
(-0.56%)-$0.67
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$233.95
(+1.34%)+$3.09
Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$633.91
(+2.95%)+$18.18

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services
Is This the Reason AMD, Nvidia, and Intel Stocks Dropped? | The Motley Fool