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Report Summary: TheStreet Ratings team rates United Microelectronics Corp as a
Buy with a ratings score of B-.
Report Snippet: We rate UNITED MICROELECTRONICS CORP (UMC) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.