Stock Picking, Investing, Stocks

We’re Looking At: Advanced Semiconductor Engineering

Recently, we’ve become very interested in penny stocks. Generally more volatile than more expensive stocks, we feel that the current economic downturn is ready to pick up in a big way. That’s why grabbing these cheap stocks near their 52-week low will be a bargain; they’ll gain a large percentage of their value, given time, and we’ll profit.

A great example is Advanced Semiconductor Engineering. Sitting in the $3.20s, it only needs to pick up a dollar to generate a 30% percent ROI, which we’re confident it will. With their recent acquisition of the Chinese company Weihai Aimhigh Electronic Co. Ltd., ASE has demonstrated their willingness to embrace the future boom market that is China. And let’s face it: semiconductors never go out of style. You’ll rue the day you didn’t get on board, while we’ll be swimming around in our piles of cash. And that’s a fact.

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