Key insights
- A young investor discusses their ASML purchase at $1330, acknowledging overvaluation but banking on the company's quality and EUV monopoly. They are considering selling due to cyclicality and high price relative to intrinsic value, seeking advice on market timing. This reflects concerns about semiconductor stock valuations and potential downside risk, but has limited direct impact on the broader US equity market.
Hello,
i bought ASML at $1330 a couple weeks ago, knowing the stock was overpriced. I still bought it as I believed the security margin lied in the company’s quality and its monopoly over EUV machinery. knowing that this is a highly cyclical industry, I am considering selling with a low upside and buying again when it hits a low... if it does.
From what I read, lots of you bought ASML when it was around $500-900, yet few months ago. For me, the question lies in the price and not the company’s value. Is the stock price growing faster than its intrinsic value ? what’s your take ? any tip would be appreciated. I am a young investor, with a very high tolerance risk (I dont need the money for the next 20-30 years), buy and hold only.
Thank you !