After reading a current article in The Economist, I'm thinking of investing a relatively small amount directly in a company called ASML. In the US it is carried on NASDAQ as ASML Holding N.V., with the trading symbol "ASML".
Info from Wickipedia: ASML Holding N.V. is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry. The company manufactures machines for the production of integrated circuits.
Over the years I've occasionally owned ADR (American Depositary Receipt) shares, but this is the first time that I've encountered what seems to me (likely incorrectly) to be an alternative listing on the OTC market. That OTC listing symbol is "ASMIY".
The share price for ASML is more than twice that of ASMIY, and the P/E ratio for ASML is roughly 44 vs 19 for ASMIY. The WSJ indicates that ASMIY is a competitor for ASML, and other information that I find does indicate that ASMIY is indeed in the same business. The problem is that I can't seem to easily find a side-by-side comparison between the two listings, and I have no idea if those two symbols are somehow representing two different companies, or (somehow) two different aspects of the same company.
Thanks for any help on this one!