3 best stocks under $ 10 | Personal finance

United Microelectronics is investing heavily to modernize its production capacity. Some investors fear it is too late for the party, but some industry executives predict supply issues beyond 2022. That would be great for the bull’s talk.

The stock pays an annual dividend, which resulted in a healthy 3% return earlier this month. Its forward P / E ratio of 17.4 is in line with its peers and its own historical range. These measures suggest that there is still room for stock prices to rise if United Microelectronics can take advantage of the chip supply shortage over the next year. Nothing is guaranteed in the cyclical and evolving semiconductor industry, but there is a combination of upside and fundamental stability here. This is rare for stocks in this price range.

10 stocks we prefer over United Microelectronics

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They just revealed what they think are the top ten stocks investors can buy right now … and United Microelectronics was not one of them! That’s right – they think these 10 stocks are even better buys.

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