This company is primed to benefit from a multitrillion-dollar growth opportunity over the next decade.
Investing in strong companies and holding them for a long time is a time-tested strategy for making money in the stock market. Following this philosophy can make the most of secular and disruptive growth opportunities that could shape the world, and shareholders could see their investments grow at a healthy pace thanks to compounding.
One such stock to consider buying right away and holding for the next decade is ASML Holding ( ASML 1.27% ) . The Dutch semiconductor equipment giant is one of the best ways to capitalize on the secular growth of the chip industry. Let's look at the reasons this semiconductor stock can make investors richer in the next 10 years.
ASML is on track