Quote:
Originally Posted by will068
Haven't heard of them much. But the fundamentals look nice.
Dividend Looks great too.
And this me looking at them for 5 minutes - pure Fundamental Analysis. I will check on this more later.
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Hahaha... I guess you don't play much in tech stocks?
TSMC is the largest pureplay foundry in the world (by far... as far as chip revenue goes, I believe it beats no 2-no6 combined!!)
IMO TSM is great. Maybe a bit on the high side as far as price goes making getting into it right now unattractive because of the low ROI.
But a great company overall. It has a virtual monopoly in the 7nm production and its market dominance in both market share and technical know-how puts the company in a great spot. I mean chip consumption is going no where but up given our reliance in tech nowadays.
Full disclosure: Yes, as I said before, I have a long position in TSM. But have no near future plan of unloading given the long term outlook of the company.