Buy, Sell or Hold: United Microelectronics Corporation (UMC-N)

NYSE:UMC

8.32

0.34 (3.93%) 1d

Showing 1 to 4 of 4 entries

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

PAST TOP PICK

(A Top Pick Apr 08/21, Up 5.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with UMC has triggered its stop at $10. To remain disciplined, we recommend covering the position at this time. We will look for other opportunities.

Technology

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

PAST TOP PICK

(A Top Pick Apr 08/21, Up 17.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with UMC is progressing well. We recommend trailing up the stop (from $7) to $10 at this time.

Technology

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In

TOP PICK

Stockchase Research Editor: Michael O'Reilly The semiconductor space saw global chip sales up over 14% last year and there is now a global shortage of supply. UMC is a Taiwan based chip producer and recently released sales were up 14%. It has beat earnings estimates in each of the past three reporting cycles. It trades at 31x earnings, cheap compared to its peers at 68x. It also pays a small dividend. We would buy this with a stop loss at $7, looking achieve $11.50 -- upside potential over 20%. Yield 1.56% (Analysts’ price target is $11.55)

Technology

BUY

It's in the sweet spot -- we need these integrated circuits in this current semi shortage.

Technology

Showing 1 to 4 of 4 entries

United Microelectronics Corporation(UMC-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for United Microelectronics Corporation is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

United Microelectronics Corporation(UMC-N) Frequently Asked Questions

What is United Microelectronics Corporation stock symbol?

United Microelectronics Corporation is a American stock, trading under the symbol UMC-N on the New York Stock Exchange (UMC). It is usually referred to as NYSE:UMC or UMC-N

Is United Microelectronics Corporation a buy or a sell?

In the last year, 2 stock analysts published opinions about UMC-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for United Microelectronics Corporation.

Is United Microelectronics Corporation a good investment or a top pick?

United Microelectronics Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for United Microelectronics Corporation.

Why is United Microelectronics Corporation stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is United Microelectronics Corporation worth watching?

In the last year, there was no coverage of United Microelectronics Corporation published on Stockchase.

What is United Microelectronics Corporation stock price?

On 2022-05-18, United Microelectronics Corporation (UMC-N) stock closed at a price of $8.32.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.