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Enter Symbol:
 
United Microelectronics Corporation (UMC) [hlAlert]

Rating:
Underperform
UMC
up 27.90 %

United Microelectronics Corporation (UMC) rated Underperform by Bernstein

Posted on: Thursday,  Aug 9, 2012  8:25 AM ET by Bernstein

Bernstein rated Underperform United Microelectronics Corporation (NYSE: UMC) on 08/09/2012, when the stock price was $2.20. Since
then, United Microelectronics Corporation has lost 21.82% as of 01/27/2016's recent price of $1.72.
If you would have followed this Bernstein's recommendation on UMC, you would have gained 27.9% of your investment in 1266 days.

United Microelectronics Corporation is engaged in the business of manufacturing or fabrication of semiconductors. Using the processes and techniques, the Company manufactures chips to the design specifications of the customers. The Company maintains a customer base across industries, including communication, consumer electronics, computer, memory and others. During the year ended December 31, 2008, the net wafer sales derived from the products used in communication devices, consumer electronics, personal computers (PCs), memory and other applications were 55.86%, 24.66%, 17.27%, 0.72% and 1.49% respectively.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/9/2012 8:25 AM Sell
None
2.20
as of 12/31/2012
1 Week down  -1.01 %
1 Month down  -4.18 %
3 Months up  2.92 %
1 YTD up  9.54 %

(*) Stock Price at the time of the recommendation.
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