ASML on Track to Enjoy Steady Rise in Sales Over 2019 Thanks to EUV; Shares Overvalued
ASML reported fourth-quarter results that were slightly below our expectations, primarily due to lower demand from memory customers for lithography equipment. This issue is expected to persist through the first half of 2019, with management noting that sales during this period will be lower than the second half of 2018. Positively, ASML’s logic and foundry system sales should be up over 50% versus memory down 20% in 2019, which is consistent with our broader outlook for wafer fab equipment spend...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.