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UMC - ASE Technology: Thriving In 2021's Attractive Pricing Market
January, 22 2021 08:36 PM
United Microelectronics Corporation
Tailwinds continue to drive what appears to be a prolonged supply and demand mismatch, creating an attractive rising ASP environment. The combination of long-term and short-term demand drivers provide significant transparency to both short-term and long-term EPS growth forecasts. We have a five-year price target of $15 for the stock and hold a position in the Gunderson Emerging Growth portfolio. For further details see:
ASE Technology: Thriving In 2021's Attractive Pricing Market
Stock Information
Company Name:
United Microelectronics Corporation
Stock Symbol:
UMC
Market:
NYSE
Website:
umc.com
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