Investing in the stock market requires a balance of patience, strategy, and timing. Recently, I decided to sell my shares in ASM International (ASM), a leading semiconductor equipment supplier, at €565 after purchasing them at €540. Here’s why I made this move.
Why I Bought ASM International at €540
I initially invested in ASM International because of its strong position in the semiconductor industry. ASM specializes in atomic layer deposition (ALD) technology, a critical process for manufacturing advanced chips. With the global semiconductor market growing rapidly, driven by demand for AI, 5G, and IoT devices, ASM seemed like a solid long-term play.
Why I Sold ASM International at €565
- Profit-Taking Strategy
My investment thesis was based on short- to medium-term growth. When ASM’s stock price reached €565, I achieved a 4.6% return in a relatively short period. Deciding to lock in profits aligned with my risk management strategy. - Market Volatility
The semiconductor sector is cyclical and prone to volatility. While ASM’s fundamentals remain strong, I wanted to secure gains before potential market fluctuations. - Portfolio Rebalancing
Selling ASM allowed me to reallocate funds into other opportunities with higher growth potential or better risk-reward profiles.
The Bigger Picture
ASM International remains a strong company with a bright future. However, successful investing isn’t just about buying—it’s also about knowing when to sell. By selling at €565, I achieved my financial goal and maintained flexibility to explore new opportunities.
Conclusion
Selling ASM International at €565 was a strategic decision to lock in profits and manage risk. While I remain bullish on the semiconductor industry, taking gains when they materialize is key to long-term investing success.
