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ASML Holding (ASML) Looks Good: Stock Adds 6.9% in Session

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ASML Holding N.V. (ASML - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 12.6% in the past one-month time frame.

The move came after the company reported solid fourth-quarter 2017 results.

The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

ASML Holding currently has a Zacks Rank #3 (Hold), while its Earnings ESP is positive.

A better-ranked stock in the Semiconductor Equipment - Wafer Fabrication industry is Advanced Energy Industries, Inc. (AEIS - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here e.

Is ASML going up? Or down? Predict to see what others think: Up or Down

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