ASML Holding N.V. Stock News

Some of my favorite purchases to make -- and most successful in hindsight -- have been adding to the steady dividend stocks in my portfolio on the dip.

Despite its recent pullback, Palantir Technologies (PLTR 1.60%) still ranks as one of the hottest stocks on the market this year. Some investors are no doubt mulling over whether or not to buy on the dip.

Many growth stocks are valued for what they could one day become rather than where they are today. So, building an investment thesis in a growth stock inherently requires patience.

What makes a growth stock stand out from the pack? How about a monopoly on a critical technology that will fuel a $700 billion industry for years to come?

ASML is the indispensable, monopolistic foundation of the global semiconductor industry, yet it trades at a significant and unjustified 'European discount' versus its tech clients. Geopolitical risks and export bans to China are overblown; global chip demand will simply shift to other ASML customers, preserving overall equipment demand. ASML's current dominance in EUV lithography ensures a stro...

Key Points in This Article: The $1.7 trillion U.S.

There are a few players in the technology sector who have a near monopoly in their businesses, and investors can use that to their advantage when planning for the next outsized upside play in their portfolios. Knowing what to look for comes into play for the savvy ones, and those who can connect the dots will likely land on the right side of history in this artificial intelligence gold rush.

The stock market remains on an upward trajectory, and the major market indexes are at all-time highs as investors continue piling into the leading technology companies. What's the cause?