ASML holds a dominant position in the semiconductor industry, especially in lithography technology. Despite its success, the company’s revenue fluctuates due to the nature of its business. While ASML is a solid stock pick, a $10,000 investment may not lead to millionaire status. The company’s inconsistent results make it challenging for long-term gains. Additionally, the emergence of competing solutions in China could pose a threat to ASML’s market dominance. Therefore, while ASML is a good addition to a growth portfolio, it may not be the best time to invest in the company.

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