10 Stocks We're Watching for the Rest of 2022
The Canadian Investor
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ASML Is on Track to Meet Their Guidance for 2023.
ASML has over 38 billion in backlog orders and 80% of it is EUVs. The company added 8.9 billion of orders during Q3 alone. ASML won't be able to fulfill all orders in 2023, but they're still dealing with some supply chain issues. They are currently trading at mid 20s last year's earnings, which is cheap for a company that is essentially mostly monopoly.
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