Summary: ASML Holding N.V., a dominant player in the semiconductor sector, is publicly traded on both the NASDAQ and the Euronext Amsterdam exchanges under the symbol ASML, which means you can buy ASML stock on trading platforms like eToro.
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About ASML Holding
By 2022, ASML emerged as the chief supplier for the semiconductor industry and remains the only provider worldwide of extreme ultraviolet lithography (EUV) photolithography machines essential for manufacturing the most advanced chips. With a market capitalization of over US$280 billion, ASML stands as the largest tech company in Europe.
ASML Holding is listed on the NASDAQ and Euronext Amsterdam exchange under the stock symbol ASML and is a constituent of the Nasdaq-100 and the Euro Stoxx 50.
How to buy ASML Holding stock? Step-by-step process
To invest in ASML, follow these four steps.
Step 1: Choose a broker
When evaluating brokers, take into account the following factors:
- Asset availability: Confirm they offer the assets you’re interested in investing;
- Security: Make sure the broker has robust data and fund protection measures;
- Regulation: The broker should be regulated by a reputable financial authority and have a solid reputation in the market;
- Fees: Understand the costs associated with each trade and how they’ll impact your investment returns;
- Trading platform: Ensure the platform is user-friendly and equipped with the necessary tools. If you prefer trading on the go, look for mobile availability.
After assessing a variety of online trading platforms, we recommend eToro, which offers the following:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Open and fund your account
Once you’ve successfully set up your account, the next step is to transfer funds into it. The method of depositing money will depend on your brokerage’s options and typically includes bank transfers, debit or credit card transactions, or a third-party payment service such as PayPal (PYPL). After your account is adequately funded, you can begin investing.
Step 3: Place your order and buy ASML shares
Now that you’ve successfully set up with a broker and funded your account, you can execute your trade. Start by logging into your brokerage account, searching for the ticker ASML, and clicking on ‘Open Trade’ or ‘Buy.’ At this point, you’ll be presented with two options for order execution:
- Market order: An order filled instantly at the current market rate;
- Limit order: An order filled at your select price point.
Step 4: Monitor your investment
Set up a routine to periodically review your investments. Depending on what suits you best, this can be weekly, monthly, or quarterly. However, try to resist the urge to monitor your investments daily, as the stock market can exhibit short-term fluctuations that may lead to unnecessary stress and impulsive decisions.
Invest in ASML indirectly
As a constituent of the tech-centric Nasdaq-100 index, ASML Holdings is included in any ETF, such as the Invesco QQQ Trust (NASDAQ: QQQ), tracking the index. However, ASML currently comprises merely half a percent of the fund, providing limited exposure to the company or the broader semiconductor sector.
If you want more focused exposure to the rapidly growing semiconductor industry, consider investing in specialized semiconductor ETFs. These will also help to diversify your portfolio and lessen the risk of investing in any individual company.
For example, ASML Holdings constitutes a staggering 9.74% of VanEck Semiconductor ETF (NASDAQ: SMH) and 3.22% of iShares Semiconductor ETF (NASDAQ: SOXX).
ASML Holding stock price today
Pros and cons of buying ASML Holding stock
Pros
- Industry leader: ASML is a dominant player in the semiconductor industry, as well as the sole manufacturer of extreme ultraviolet lithography (EUV) photolithography machines;
- Growing sector: Semiconductors are integral to numerous products, including computers, smartphones, appliances, gaming devices, and medical equipment, for which demand is likely to persist for the foreseeable future;
- Market position: ASML is one of the largest tech companies in Europe, which provides it with substantial market influence, stability, and credibility.
Cons
- Cyclical nature of the industry: The semiconductor industry is highly cyclical, subject to periodic booms and busts, which can lead to periods of decreased demand and profitability for ASML;
- Geopolitical tensions and trade disputes: This situation is primarily attributed to the tense relationship between China and Taiwan, with Taiwan being a crucial contributor to the worldwide semiconductor supply chain;
- Supply chain risk: Like all manufacturing companies, ASML is susceptible to supply chain disruptions, which could impact its ability to deliver products on time.
In conclusion
In short, to buy ASML Holding stock, follow these five steps:
- Select a broker;
- Sign up and fund your account;
- Buy shares of ASML;
- Periodically monitor your position.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy ASML Holding stock
How to buy ASML Holding stock?
ASML Holding is on the NASDAQ and Euronext Amsterdam exchanges under ASML. This means you can buy its shares from any online broker or trading platform that provides access to ASML stock.
How do I sell my ASML Holding stock?
To sell your ASML Holding stock, log on to your brokerage account. Then, navigate to the stock’s detail page and enter the number of shares or dollar amount you want to offload. Finally, tap sell.
Where can I buy ASML Holding stock?
You can buy ASML Holding stock from online trading platforms or brokers like eToro.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.