Stock Split Watch: Is ASML Next?
Many investors may overlook ASML (NASDAQ: ASML) as a stock-split candidate because they don't know the stock or the company. On the one hand, semiconductor manufacturers worldwide depend on the Netherlands-based company for vital equipment needed to make their most advanced chips, but its position as a supplier to suppliers means that consumers are far removed from ASML's role in the tech world.
Nonetheless, the stock's growth over time shows that it has caught the attention of some investors. Moreover, the potential for continued share price increases could lead management to perform its first stock split in years.
Thanks to emerging technologies such as artificial intelligence (AI), high-powered semiconductor chips continue to grow in importance and demand, a factor that highlights the importance of Taiwan Semiconductor (TSMC).
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
With 22 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 160 € shows a slightly positive potential of 7.82% compared to the current price of 148.4 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
