Why ASE Technology (ASX) Is Such A Great Value Stock Pick Right Now
Zacks Investment Research | Feb 20, 2020 08:44PM ET
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; ASE Technology Holding Co., Ltd. (NYSE:ASX) .
ASE Technology in Focus
ASX may be an interesting play thanks to its forward PE of 14.1, its P/S ratio of 0.8, and its decent dividend yield of 2.1%. These factors suggest that ASE Technology is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ASX has decent revenue metrics to back up its earnings.
ASE Technology Holding Co., Ltd. PE Ratio (TTM)
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