The semiconductor industry saw a record $556 billion in revenue for the full year of 2021. According to analysts, total revenue is supposed to nearly double in size by 2030. Owning shares of Advanced Semiconductor Materials Lithography, or ASML (NASDAQ: ASML), might be the best way to capture this opportunity; here's why.
ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value20-Jun-2240,310€453.55€18,282,475.5421-Jun-22---22-Jun-22---23-Jun-2293,833€457.18€42,898,608.4724-Jun-22--- ASML’s current share buyback program was announced on 21 July 2021, and details are available on our website
The Federal Reserve's hawkish stance on raising interest rates is expected to hurt stocks even further. What's more, the investment bank's analysts point out that the average bull market lasts 64 months and fetches a return of 198%. Investors that agree with these analysts would be wise to start setting up their portfolios for long-term gains and buy fast-growing companies with bright prospects on the cheap while the stock market is still down.