ASML: Sell Options For A 14.4% Yield On This High-Moat Juggernaut
- ASML's recent underperformance is largely due to a slowdown in Capex by global chipmakers, but long-term prospects remain strong.
- With a 40% drop in the stock price, ASML's valuation is once again attractive, making it an intriguing 'buy the dip' opportunity.
- While you could buy shares, selling $600 strike February 2025 put options appears optimal, offering a robust annualized yield of 14.37% to investors.
- We rate ASML a 'Buy'.
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In the summer of 2023, we wrote our first-ever piece of analysis on NASDAQ:ASML (ASML), the leading global manufacturer of advanced chipmaking equipment.
Titled "ASML: The Highest-Moat Business On The Market", our article
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