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Is ASML Holding Stock a Buy Now?

TheMotleyFool

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Is ASML Holding Stock a Buy Now?: https://g.foolcdn.com/editorial/images/718404/silicon-wafers.jpg

ASML Holding (NASDAQ: ASML) posted its fourth-quarter earnings report on Jan. 25. The Dutch semiconductor equipment maker's revenue rose 29% year over year to 6.43 billion euros ($6.99 billion), which exceeded analysts' expectations by 50 million euros. Its net income grew 2% to 1.82 billion euros ($1.98 billion), or 4.60 euros per share, and also beat analysts' estimates by 0.27 euros.

For the full year, ASML's revenue grew 14% to 21.17 billion euros ($23.02 billion), but its earnings per share dipped 2% as inflation and higher supply chain costs squeezed its gross margins. So should investors pick up some shares of ASML before the broader semiconductor sector recovers?

Image source: Getty Images.

Source Fool.com

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