Quality Momentum

QM · rank #20 · 2026-07-20

ASX

NYSE · $88.55B (USD)

SignalSell
verdict · CAUTION

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Momentum 12-1
Return from 12 months ago to 1 month ago.
+314.79%
ROE TTM
Return on equity, trailing 12 months.
+13.6%
Profit margin
Net profit margin, trailing 12 months.
+7.0%
Market cap (USD)
Size filter: > $500M required.
$88.55B
Anchor (recent)
Close on 2026-06-18
$40.56
Anchor (far)
Close on 2025-06-20
$9.78

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

ASE Industrial Holding Co Ltd ADR (ASX) is a large OSAT/EMS provider in semiconductors, with Q1 2026 revenues up 17.2% YoY and margins holding at 20.1% gross and 10.1% operating.

Rationale

The stock’s strong 12-1 momentum (3.15) is backed by improving quality metrics—13.6% ROE, 7.0% profit margin, and scale-driven earnings growth from advanced packaging and testing.

Material risks

  • 1Major foundries and IDMs continuing to in-source advanced packaging/testing would directly erode ASE’s pricing power and share in its highest-value growth segment.
  • 2Semiconductor demand and inventory cyclicality could cut ATM/EMS utilization and compress margins, especially if cross-strait or export-control disruptions hit Taiwan-based operations.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.

OpenAI
Proceed
Claude
Caution
Gemini
Error