Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/a> <\/p>\n A forward stock split would divide ASML’s shares, making them smaller and more affordable. This wouldn’t affect the value of anyone’s holdings, unlike share buybacks or the issuance of new shares. If you have 10 shares, and ASML carries out a 10-for-1 split, you’d end up with 100 shares, but the split itself wouldn’t change the value of your holdings. <\/p>\n The main benefit of a stock split for ASML is that it could draw more interest from retail investors. It can also make options trading more practical. For example, if an investor wants to sell covered calls, they’d need 100 shares, which is much cheaper after a stock split. <\/p>\n There’s also a recent precedent for this kind of move. KLA, a semiconductor equipment company, was trading at about $2,400 when it completed a 10-for-1 stock split on June 12. Booking Holdings isn’t in the same industry as ASML, but the travel and tech company is another big name that split its stock this year. Trading at over $4,000, it carried out a 25-for-1 stock split in April. <\/p>\n Why ASML might hold off <\/p>\n Semiconductor stocks<\/a> have been choppy lately. The PHLX Semiconductor index declined 15% in July, and although ASML held up a bit better, it still lost 12%. Now that ASML’s momentum has slowed down, a stock split may not be on management’s list. This company also isn’t known for stock splits. Its most recent forward split was over 25 years ago, in April 2000. Since then, it has only carried out two minor reverse splits in 2007 and 2012. <\/p>\n The likelihood of ASML splitting its stock in 2026 largely depends on what happens with its share price during the last five months of 2026. I’m doubtful that ASML will make significant gains over that period, in part because it already trades at 37 times forward earnings. That’s much more than Taiwan Semiconductor Manufacturing, another semiconductor company with a near monopoly — it trades at 24 times forward earnings. <\/p>\n ASML remains well-positioned for growth if companies continue to invest heavily in AI infrastructure. However, growth will probably be more moderate going forward, given that investors have already been paying a premium for it. That’s why I think a stock split is far more likely in 2027 or 2028 than in the back half of this year. <\/p>\n We just issued ‘double down’ alerts on 3 stocks \u2014 find out if\u00a0ASML made our list <\/p>\n Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. <\/p>\n On rare occasions, our expert team of analysts issues a “Double Down” stock<\/a> recommendation\u00a0for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves: <\/p>\n Nvidia:\u00a0if you invested $1,000 when we doubled down in 2009,\u00a0you’d have $550,385!* <\/p>\n Apple: if you invested $1,000 when we doubled down in 2008, you’d have $58,966!* <\/p>\n Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $396,758!* <\/p>\n Right now, we’re issuing “Double Down” alerts for three incredible companies, available when you join\u00a0Stock Advisor, and there may not be another chance like this anytime soon. <\/p>\n See the 3 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of August 3, 2026 <\/p>\n Lyle Daly<\/a> has positions in ASML. The Motley Fool has positions in and recommends ASML, Booking Holdings, KLA, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: The Motley Fool. The case for a stock split <\/p>\n