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ASML performed fairly well in Q2. Despite this, we believe the stock is overvalued and faces growing structural risks that the market is underestimating. ASML remains a SELL for us right now.
Despite ASML’s (NASDAQ:ASML) good
ASML: Seems Overvalued And Faces Growing Structural Risks
Summary
- ASML performed fairly well in Q2.
- Despite this, we believe the stock is overvalued and faces growing structural risks that the market is underestimating.
- ASML remains a SELL for us right now.
Bears of Wall Street is a community of asset managers and traders who take a pragmatic approach to valuing companies. Bears of Wall Street provide unique research with a bearish sentiment on overvalued or weak companies with declining businesses and poor growth perspectives - companies whose likely depreciation can be capitalized on.
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