Why KeyCorp could outperform ASE Technology in 2022

ASE Technology (ASX)

ASE Technology Holding Co., Ltd (TAI:3711) offers packaging services, including flip-chip ball grid array (BGA), chip scale package, and advanced CSPs. It also provides other related electronics manufacturing solutions, such as the production of substrates for use in the industry.

ASE is committed to innovation with its wide range of semiconductor product line that covers various fields from communications & computing through the automotive supplier networks. The company also develops, constructs, sells, leases, and manages real estate properties.


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They also export and import technological components like motherboards and electrical components. They have a wide clientele network covering the United States, Taiwan, the rest of Asia, Europe, and internationally.

KeyCorp (KEY)

KeyCorp (NYSE:KEY) is the parent company for KeyBank National Association and provides retail and commercial banking products in America. They offer deposits; investment services such as mutual funds or loans to purchase homes with equity built upon their own property; personal finance tips geared towards keeping clients financially safe, among others through cash, wealth, and portfolio management.

They cater to businesses of all sizes and individual clients. They also offer student loan refinancing, mortgage lending, credit card, treasury, business advisory services.

Which one is a better buy?

Both are good buys, but KeyCorp has better prospects in 2022. That’s because interest rates are going up in the U.S and are likely to keep going up over the next couple of years. In a high-interest rates environment, banking stocks tend to perform better than the rest of the market. That’s because they get to earn more in interest income.

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Source: https://invezz.com/news/2022/02/25/why-keycorp-could-outperform-ase-technology-in-2022/