Is ASML (ASML) a Buy as Wall Street Analysts Look Optimistic?

What happened: A report examines ASML (ASML) analyst recommendations, noting an average brokerage recommendation (ABR) of 1.30 based on 27 brokerage firms. Key numbers: ABR 1.30 on a 1 to 5 scale. 27 firms. 22 Strong Buy, two Buy. Strong Buy 81.5%, Buy 7.4%. Why it matters: The content says brokerage recommendations have shown limited success in picking stocks and carry a positive bias, so it suggests using the ABR to validate the Zacks Rank instead. Market: -1.9% by next close ($1,717.76 on Oct 13), +42.3% YTD Coverage: 3 outlets in 24h

A report examines ASML (ASML) analyst recommendations, noting an average brokerage recommendation (ABR) of 1.30 based on 27 brokerage firms.

The content says brokerage recommendations have shown limited success in picking stocks and carry a positive bias, so it suggests using the ABR to validate the Zacks Rank instead. Market: -1.9% by next close ($1,717.76 on Oct 13), +42.3% YTD