ASML Holding N.V. (NASDAQ:ASML) is highlighted as one of the AI Stocks in Focus on Wall Street. Analysts anticipate a robust Q4 beat, with revenue and booking strength seen as key drivers. Import data suggests ASML could report EUR 9.7Bn in revenue, with record-high imports from China in Q4.

ASML is set to report earnings on January 28th, with buy side expectations indicating a likely beat on consensus estimates. Bernstein emphasizes the importance of Q4 booking numbers, expecting a strong quarter driven by increased expectations from advanced logic manufacturers and DRAM producers.

The firm believes Chinese customers have made significant orders to support their leading-edge expansion efforts, pointing to a potential upside in booking expectations. While ASML presents investment potential, some AI stocks may offer greater upside with less downside risk. Explore the best short-term AI stock for more insights.

Read more at Yahoo Finance: Bernstein Reiterates Outperform on ASML Ahead of Key Q4 Bookings Print