Dear ASML Stock Fans, Mark Your Calendars for October 14

ASML Holding's (ASML) stock has surged by almost 90% in the last 52 weeks and commands a market valuation of over $700 billion. While the rally has been significant, there are multiple reasons to remain bullish. Therefore, the correction from all-time highs is a good opportunity to consider exposure before the company reports Q3 results on Oct. 14.

Coming to the positives, ASML is poised to reap sustained benefits from structural tailwinds for the semiconductor industry. Within the broad ecosystem, ASML has strong positioning with innovation as the differentiator. As an example, the company is the sole commercial supplier of EUV (extreme ultraviolet) lithography systems. This ensures healthy margins as demand remains robust and ASML has the pricing power.