ASX Should I Buy
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ASE Technology Holding Co Ltd (ASX) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, robust revenue growth, positive analyst sentiment, and technical indicators suggest a favorable long-term outlook. Despite minor short-term volatility and hedge fund selling, the positive catalysts outweigh the negatives for this investor profile.
The technical indicators for ASX are bullish. The MACD is positively expanding at 0.315, the RSI is overbought at 82.071, and the moving averages (SMA_5 > SMA_20 > SMA_200) confirm an upward trend. The stock is trading near its resistance level (R1: 23.502), indicating strong momentum.
Strong financial performance: Q4 2025 revenues grew by 10% YoY, and January 2026 revenues increased by 21.3% YoY.
Positive analyst sentiment: Goldman Sachs upgraded the stock, and BofA raised its price target while highlighting significant growth potential in advanced packaging sales.
Bullish technical indicators and favorable options sentiment.
Hedge fund selling has increased by 237.38% in the last quarter.
The RSI indicates an overbought condition, which could lead to short-term pullbacks.
ASE Technology reported strong financials with consistent growth. Q4 2025 revenues increased by 10% YoY, and January 2026 revenues rose by 21.3% YoY. In Q3 2025, revenue grew 13.51% YoY, net income increased 20.41% YoY, and EPS rose 14.29% YoY, reflecting robust operational performance.
Analysts are optimistic about ASX. Goldman Sachs upgraded the stock to Neutral from Sell, citing strong activity and pricing trends. BofA raised its price target, projecting significant growth in advanced packaging sales, driven by Nvidia's Blackwell GPU demand and a modest recovery in mature packaging utilization.
