ASML Just Quietly Booked Billions for Its EUV Machines. Is It Time to Buy the Stock?

Many people have never heard of ASML (NASDAQ: ASML), and fewer could explain what the company does. But chances are that you're within reach of a product that ASML helped create. Modern computers, mobile devices, and even cars wouldn't be possible without one very important thing -- lithography -- and ASML dominates that market.The company's dominance in lithography -- which I'll explain momentarily -- has led to good returns for shareholders over the last decade. ASML stock is up more than 600% during this time, compared to a 200% return for the S&P 500. However, while long-term returns have been stellar, the company's recent returns haven't been so hot.Image source: ASML.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool