Would you buy ASML stock today if you didn't already own it?
ASML is one of those companies that many people admire, but that doesn't automatically make it an easy buy. Between its valuation, growth expectations, export restrictions, and long-term position in the semiconductor industry, there are plenty of reasons to be both optimistic and cautious.
If you were starting from scratch today with no existing position, would you buy ASML at its current price?
I'd be interested to hear what carries the most weight in your decision. Is it the company's long-term moat and technology leadership, or do you think the current valuation and broader risks make it worth waiting for a better entry point?