The Q4 report provided no surprises to justify another rally in the stock. The management gave some positive news regarding a come back of its Memory customers as well as an expected pick up in fab equipment spending in 2020, but we believe that this is already discounted in the stock price. Nonetheless, we remain very positive on the long term outlook for the company which will continue to benefit from the inevitable EUV adoption.
22 Jan 2020
Q4 19: Memory customers to return in 2020
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Q4 19: Memory customers to return in 2020
ASML Holding NV (ASML:WBO) | 0 0 1.0% | Mkt Cap: 67,287m
- Published:
22 Jan 2020 -
Author:
Hugo Paternoster -
Pages:
3
The Q4 report provided no surprises to justify another rally in the stock. The management gave some positive news regarding a come back of its Memory customers as well as an expected pick up in fab equipment spending in 2020, but we believe that this is already discounted in the stock price. Nonetheless, we remain very positive on the long term outlook for the company which will continue to benefit from the inevitable EUV adoption.