CEO, A. Stotz Investment Research

Dr. Andrew Stotz, CFA

Quantamental Investing to beat Benchmarks

A. Stotz Investment Research

We pick stocks. We construct portfolios. All our effort is focused on how to better pick stocks and construct portfolios. We serve fund management companies, family offices, and high net worth individuals.

Thematic (Sector/Industry)

<p>We highlight 14 stocks in Asia that look interesting to us based upon our FVMR Methodology. Our research team constantly reviews the Asian markets to try to find interesting ideas based on Fundamentals or Valuation or Momentum or Risk or some combination thereof.</p>

We highlight 14 stocks in Asia that look interesting to us based upon our FVMR Methodology. Our research team constantly reviews the Asian markets to try to find interesting ideas based on Fundamentals or Valuation or Momentum or Risk or some combination thereof.

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<p>Our outlook remains bullish and we continue to believe that the path of least resistance remains higher for global equities (MSCI ACWI). As long as the MSCI ACWI (ACWI-US), ACWI ex-US (ACWX-US), EM (EEM-US), and EAFE (EFA-US) are above their respective intermediate-term support levels we believe a positive outlook is warranted. Support levels to watch include $75 on ACWI-US, $44 on ACWX-US, $41 on EEM-US, and $60 on EFA-US. We recap significant technical levels across major markets and highlight specific opportunities within the Technology and Materials Sectors.</p>

Our outlook remains bullish and we continue to believe that the path of least resistance remains higher for global equities (MSCI ACWI). As long as the MSCI ACWI (ACWI-US), ACWI ex-US (ACWX-US), EM (EEM-US), and EAFE (EFA-US) are above their respective intermediate-term support levels we believe a positive outlook is warranted. Support levels to watch include $75 on ACWI-US, $44 on ACWX-US, $41 on EEM-US, and $60 on EFA-US. We recap significant technical levels across major markets and highlight specific opportunities within the Technology and Materials Sectors.

Global Equity Strategy: Bullish Outlook Intact

Taiwan Tech Focused Senior Analyst

Patrick Liao

Equity Bottom-Up

<ul>
<li>The Investment Logic Behind <a href="https://www.smartkarma.com/entities/realtek-semiconductor-corp" target="_blank" data-smartkarma-citation="entities:7326:1" rel="noopener">Realtek Semiconductor (2379 TT)</a>’s Share Price Strength has several layers.  </li>
<li>As a result, capital has begun rotating from expensive AI-related stocks into mid- and large-cap IC design companies. Realtek fits several of the market’s favored investment themes.</li>
<li>As a result, capital has begun rotating from expensive AI-related stocks into mid- and large-cap IC design companies. Realtek fits several of the market’s favored investment themes.</li>
</ul>


The Investment Logic Behind Realtek Semiconductor (2379 TT)’s Share Price Strength has several layers.  
As a result, capital has begun rotating from expensive AI-related stocks into mid- and large-cap IC design companies. Realtek fits several of the market’s favored investment themes.
As a result, capital has begun rotating from expensive AI-related stocks into mid- and large-cap IC design companies. Realtek fits several of the market’s favored investment themes.


Realtek (2379.TT): Five Layers for Investment Logic.

<ul>
<li>The Reasons Behind U.S. Weakness Are Not Necessarily the Reasons for Taiwan Weakness</li>
<li>Taiwan Has Its Own Industry-Specific Catalysts and The companies we have been following closely: <a href="https://www.smartkarma.com/entities/silergy-corp" target="_blank" data-smartkarma-citation="entities:13998:1" rel="noopener">Silergy Corp (6415 TT), </a><a href="https://www.smartkarma.com/entities/vanguard-international-semi" target="_blank" data-smartkarma-citation="entities:16011:1" rel="noopener">Vanguard Intl Semiconductor (5347 TT)</a> and <a href="https://www.smartkarma.com/entities/globalwafers-co-ltd" target="_blank" data-smartkarma-citation="entities:17916:1" rel="noopener">Globalwafers (6488 TT).</a>
</li>
<li>This Is Actually a Positive Signal for Silergy if we observe: The broader Taiwan market remains positive, U.S. equities close lower but Taiwan doesn't follow, Capital continues flowing into AI-sectors.</li>
</ul>


The Reasons Behind U.S. Weakness Are Not Necessarily the Reasons for Taiwan Weakness
Taiwan Has Its Own Industry-Specific Catalysts and The companies we have been following closely: Silergy Corp (6415 TT), Vanguard Intl Semiconductor (5347 TT) and Globalwafers (6488 TT).

This Is Actually a Positive Signal for Silergy if we observe: The broader Taiwan market remains positive, U.S. equities close lower but Taiwan doesn't follow, Capital continues flowing into AI-sectors.


Silergy (6415.TT): Our Preferred Pick Among 8-Inch Foundries and Silicon Wafer Manufacturers.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/silergy-corp" target="_blank" data-smartkarma-citation="entities:13998:1" rel="noopener">Silergy Corp (6415 TT)</a> announced this afternoon that its May revenue grew 31.6% YoY, exceeding the 28% YoY growth recorded in April.</li>
<li>Given the equity market is currently undergoing a correction, if our investment thesis for this year proves correct, we strongly recommend that investors buy more aggressively as the market declines.</li>
<li>
<a href="https://www.smartkarma.com/entities/texas-instruments-inc" target="_blank" data-smartkarma-citation="entities:18804:1" rel="noopener">Texas Instruments (TXN US)</a> is scheduled to raise prices beginning in July this year. We strongly expect that other suppliers will follow with price increases as well.</li>
</ul>



Silergy Corp (6415 TT) announced this afternoon that its May revenue grew 31.6% YoY, exceeding the 28% YoY growth recorded in April.
Given the equity market is currently undergoing a correction, if our investment thesis for this year proves correct, we strongly recommend that investors buy more aggressively as the market declines.

Texas Instruments (TXN US) is scheduled to raise prices beginning in July this year. We strongly expect that other suppliers will follow with price increases as well.


Silergy (6415.TT): Strong May Revenue Growth of 30.6% YoY.

Taiwan

Vanguard International Semiconductor Corporation offers integrated circuit foundry services.  The Company manufactures 0.18um logic, mixed-signal, analog, high voltage, low power, CMOS RF, flash, embedded memory, and bipolar CMOS DMOS semiconductors.

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Vanguard Intl Semiconductor (5347 TT)

The Stocks to Own in Asia – Vol. 31

The Stocks to Own in Asia – Vol. 31. We highlight 14 stocks in Asia that look interesting to us based upon our FVMR Methodology.

A. Stotz Investment Research

Global Equity Strategy: Bullish Outlook Intact

Our outlook remains bullish and we continue to believe that the path of least resistance remains higher for global equities (MSCI ACWI). As long as...

Vermilion Research

Realtek (2379.TT): Five Layers for Investment Logic.

Investors are shifting capital from expensive AI stocks to mid- and large-cap IC design companies like Realtek Semiconductor, aligning with market...

Patrick Liao

Silergy (6415.TT): Our Preferred Pick Among 8-Inch Foundries and Silicon Wafer Manufacturers.

Taiwan's industry-specific catalysts set it apart from U.S. weakness, with companies like Silergy, Vanguard, and Globalwafers showing positive...

Patrick Liao

Silergy (6415.TT): Strong May Revenue Growth of 30.6% YoY.

Silergy Corp sees strong revenue growth, Texas Instruments to raise prices in July, investors advised to buy aggressively during market correction.

Patrick Liao

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

The Stocks to Own in Asia – Vol. 31

The Stocks to Own in Asia – Vol. 31. We highlight 14 stocks in Asia that look interesting to us based upon our FVMR Methodology.

A. Stotz Investment Research

Global Equity Strategy: Bullish Outlook Intact

Our outlook remains bullish and we continue to believe that the path of least resistance remains higher for global equities (MSCI ACWI). As long as...

Vermilion Research

Realtek (2379.TT): Five Layers for Investment Logic.

​Investors are shifting capital from expensive AI stocks to mid- and large-cap IC design companies like Realtek Semiconductor, aligning with market...

Patrick Liao

Silergy (6415.TT): Our Preferred Pick Among 8-Inch Foundries and Silicon Wafer Manufacturers.

​Taiwan's industry-specific catalysts set it apart from U.S. weakness, with companies like Silergy, Vanguard, and Globalwafers showing positive...

Patrick Liao

Silergy (6415.TT): Strong May Revenue Growth of 30.6% YoY.

​Silergy Corp sees strong revenue growth, Texas Instruments to raise prices in July, investors advised to buy aggressively during market correction.

Patrick Liao

Investors are shifting capital from expensive AI stocks to mid- and large-cap IC design companies like Realtek Semiconductor, aligning with market...

Taiwan's industry-specific catalysts set it apart from U.S. weakness, with companies like Silergy, Vanguard, and Globalwafers showing positive...

Silergy Corp sees strong revenue growth, Texas Instruments to raise prices in July, investors advised to buy aggressively during market correction.