The Company manufactures semiconductors using its advanced manufacturing processes for the customers based on its own or third parties' proprietary integrated circuit designs.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
The semiconductor and integrated chip subindustry have been down overall i nthe current economic conditions. From a technical standpoint TSM is ready to start an upward trend. If you look at its slow stochastic oscillator you see that TSM has been heavily oversold, and has recently gained momentum towards an upward trend. Also, the price has double dipped the lower bollinger bands which is generally a buy signal. In this case TSM has began to gain upward momentum. The Industry, and this stock will probably not perform over the next year though because the tech stock bubble has popped, and once this stock rises above 11 dollars it may be seen as overvalued(unless the company expands) and the price will fall. In the long run TSM should outperform the semiconductor industry. Compared to other large cap semi stocks, TSM has a very high ROE and net profit margin which shows that they have the ability to effectively utilize capital. Also, with a dividend yield over 5% this stock could potentially yield high returns in the long run, and will be a safe investment because this i s a large cap stock.