Do you ever wonder what goes into making the tiny chips that power our devices? ASML Holding NV, a Dutch company founded in 1984, is a big player in this game. They make photolithography systems, which use light to print circuit patterns on semiconductor wafers. This process is like printing tiny roads on a microscopic highway.

Recently, an analyst named Ruben Devos from Kepler Capital gave ASML a "Buy" rating. He believes the company's shares could rise to €825. 00, which is quite a bit higher than their current price of €685. 63. But how good is Devos at picking stocks? Well, his average return is -2. 2%, and he's successful about 33. 33% of the time.

Other experts also seem to like ASML. The average price target is €843. 83, which is a 23. 07% increase from the current price. Even Goldman Sachs has a "Buy" rating with a higher target of €1, 010. 00.

ASML's shares have ranged from €604. 64 to €1, 021. 80 over the past year, with an average daily trading volume of 180, 100 shares.

Now, you might be thinking, "Why is this company so important? " Well, chipmakers need ASML's advanced tools to keep increasing the number of transistors on their chips. This is especially important for the next generation of chips, which will need even more powerful tools.

TipRanks, a company that tracks insider trading, thinks ASML could be a great investment. They think some insiders are really good at timing their trades.

ASML's Future Looks Bright: Why Experts Are Bullish

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