5 Best Semiconductor Stocks To Buy Now

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1. ASE Technology Holding Co., Ltd. (NYSE:ASX)

Forward P/E ratio as of December 15: 8.45

Number of Hedge Fund Holders: 10

Headquartered in Kaohsiung, Taiwan, ASE Technology Holding Co., Ltd. (NYSE:ASX) provides semiconductor assembling and test manufacturing services. The company’s operations are divided into Packaging, Testing, and Electronic Manufacturing Services, out of which packaging is the most revenue-generating segment. Almost half of the company’s total revenue comes from sales in the United States.

On October 28, 2022, ASE Technology Holding Co., Ltd. (NYSE:ASX) reported results for Q3 2022, reporting revenue of $5.88 billion, up 8.5% YoY. The company’s Normalized EPS of $0.26, beat the market estimates by $0.02. ASE Technology Holding Co., Ltd. (NYSE:ASX) is a strong dividend-paying company providing a current dividend yield (ttm) of 11.60%.

10 hedge funds were long on the company’s stock at the end of the third quarter, according to Insider Monkey’s database. Fisher Asset Management had the biggest long position in the company at the end of Q3 2022.

You can also take a look at 10 Best December Dividend Stocks To Buy and 15 Most Trusted Companies in the World.

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