Prediction: ASML Stock Will Soar Over the Next 10 Years. Here's 1 Reason Why.

Over the past 10 years, share prices of ASML (NASDAQ: ASML) have averaged annual gains of 27.7% -- enough to turn a $5,000 investment into a stake worth more than $57,000. How will the stock do over the next 10 years? Well, I think it will keep soaring.Why am I bullish? Check out this sentence from Barron's: "The Dutch company has a near-monopoly on the specialized lithography machines used to produce the high-performance chips used in data centers, a business booming like never before."Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool