Key Points ASML specializes in lithography machines and technology. It sells large and costly systems that last for decades. Its future looks very promising. 10 stocks we like better than ASML › Over the past 10 years, share prices of ASML (NASDAQ: ASML) have averaged annual gains of 27.7% -- enough to turn a $5,000 investment into a stake worth more than $57,000. How will the stock do over the next 10 years? Well, I think it will keep soaring. Why am I bullish? Check out this sentence from Barr ...

What would you say to average annual gains topping 27%?Looking for an impressive growth stock? Well, consider ASML Holding (ASML 0.17%). It's averaged annual gains of 27.6% over the past decade, enough to turn a $3,000 investment into more than $34,000.After such torrid growth, you might wonder if the stock is now way overvalued. I'm happy to report that it doesn't appear to be. Its recent forward-looking price-to-earnings (P/E) ratio of 32 is a bit below its five-year average of 34.But should you invest in ...