ASML Holding N.V. (NASDAQ:ASML) is one of the Top 13 Stocks That Will Skyrocket.
Yet another stock on this list that's part of the "1776 moment" newsletter by Porter Stansberry and Luke Lango. This newsletter outlines that the reason the 1776 revolution led to economic prosperity was because it features the intersection of politics, economics and technology. It uses this claim to share that the AI revolution is also being driven in a similar way through the teaming up of three partners. These are the "New OPEC," a major chip manufacturer, and a chip design blueprint provider.
ASML Holding (ASML) Is The "New OPEC" Of Chips, Says Newsletter
Among these, the 'OPEC' is ASML Holding N.V. (NASDAQ:ASML), according to Gumshoe. ASML is the world's primary manufacturer of extreme ultraviolet (EUV) lithography machines. These machines are indispensable when it comes to high-end chip manufacturing. The shares are up by 116% over the past year and by 51% year-to-date. Bank of America discussed ASML Holding N.V. (NASDAQ:ASML) on June 22nd as it raised the share price target to $2,345 from $2,268 and kept a Buy rating. BofA remarked that it now expects the company's show grow its EPS for 2027 and 2028 faster than previously expected.
While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thehttps://www.insidermonkey.com/blog/three-megatrends-one-overlooked-stock-massive-upside-1548959/best short-term AI stock.
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