The Battle Over the Future of Swatch: Luxury or Fun?
He sent Chief Executive Nick Hayek cigars; a favorite book, 'The Luxury Strategy' by Jean-Noël Kapferer and Vincent Bastien; and a handwritten note laying out opportunities he saw for Swatch's luxury brands to recapture market share.
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Official: Deportivo Alavés star seals €16m Ligue 1 switch
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ASML: Limited China Risk, Leading-Edge Exposure Could Drive Outperformance
ASML Holding N.V. (NASDAQ:ASML) is one of the . On July 24, New Street Research upgraded the stock to 'Buy' with a €790 price target driven by ASML's strong positioning for 2026 and the potential to outpace peers in the semiconductor capital equipment space. According to New Street, consensus estimates of 2% growth for next year are 'conservative.' They believe that there is 'room for ASML to outperform, driven by high leading-edge exposure.' The company stands to benefit from 'higher growth in leading-edge WFE spending and limited risk of share loss in China,' the firm noted, which would eventually result in growth in the 'upper end of its peer group.' The firm further cited that normal order intake in quarter 3 would allow ASML to ease concerns around growth for 2026. The stock is currently below both its historical averages and peers, but there is limited risk of further de-rating. A technician operating a robotic arm on a production line of semiconductor chips. Moreover, while it remains unclear how much spending will be done on wafer fab equipment, a broader pullback can be expected next year. ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing. While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
