TSM
January 19, 2024 | Daily JAM, Long Term, Morning Briefing, Top 50 Stocks, TSM |
Shares in Taiwan Semiconductor Manufacturing (TSM) were up almost 10% yesterday after the company announced an unexpectedly strong return to growth. That has in turn pushed chip stocks higher across the sector. For example, shares of Advanced Micro Devices (AMD), which were already moving higher this week ahead of the news, hit a new record high today. The good news from semiconductor companies and the moves on their stock have also rallied the general market.
December 6, 2023 | ALB, Daily JAM, GOLD, Jubak Picks, MSFT, NVDA, Special Reports, Stock Alerts, Top 50 Stocks, TSM |
Here are the first 8 picks for my GREATER Growth Stocks Special Report. More on the way.
November 18, 2023 | Daily JAM, NVDA, Short Term, Stock Alerts, Top 50 Stocks, TSM |
Nvidia’ earnings report after the close on Tuesday, November 21, will be the big event of the short Thanksgiving week.
June 1, 2023 | AMAT, AMD, CVS, Daily JAM, Dividend Income, EMR, GOOG, ILMN, Jubak Picks, Long Term, MSFT, NVDA, Top 50 Stocks, TSM, Volatility |
Artificial intelligence really is a paradigm-breaking, transformative technology. Right now, investors are so enthusiastic about the sector, especially the obvious leader Nvidia (NVDA), that we’re looking at a potential bubble that will collapse with much gnashing of teeth and I-told-you-so “wisdom” casting doubt on the reality of the entire endeavor. I think a bubble is indeed possible. Nvidia did trade at a trailing twelve-month price-to-earnings ratio of 196 on May 31, after all. But I think you do want to own the sector now–because the breaking of the bubble, if it does break is, in my opinion, two quarters or more away. And you want to own the sector for the long run–say, 10 years or more–because it is such a game changer for so much of the economy. But what to own? I’ve put together a list of the 10 stocks that I think are the best way to participate in the AI gold rush.
October 19, 2022 | Millennial, Top 50 Stocks, TSM |
I hate to do this. Taiwan Semiconductor Manufacturing (TSM) is the premier chip manufacturer in the world and I see the company continuing to grow revenue from the increasing demand for smaller and more powerful chips. And I certainly hate to sell a stock that’s down 46% for the year to date as of the close on October 18. Under ordinary circumstances, I would hold on and ride out the current slump in the semiconductor cycle. After all, we’ve been here before, right? Except that the U.S.-China trade war and the possibility that China will look for a confrontation over Taiwan make the current circumstances anything but “ordinary.”
August 17, 2022 | Daily JAM, Morning Briefing, NXPI, TSM |
The chip boom is over–or at least coming to an end. Gartner has cut its outlook for revenue growth in 2022 to just 7.4%. That’s down from a forecast of 14% growth for chip revenue three months ago. Garner sees chip revenue falling 2.5% in 2023. And you don’t have to take the word of market watchers at Gartner.
July 20, 2022 | AMD, ASML, Daily JAM, Top 50 Stocks, TSM |
The Chips for America Act looks headed to a cloture vote in the Senate on Thursday. As the $52 billion bill now stands, it includes $39 billion for semiconductor companies to “build, expand, or modernize domestic facilities.” Here are the winners as I see them.
June 8, 2022 | Daily JAM, Millennial, Top 50 Stocks, TSM, You Might Have Missed |
Taiwan Semiconductor Manufacturing (TSM), the world’s largest independent chip producer, expects revenue to grow about 30% in 2022. Sales growth this year should accelerate from 2021’s 24.9% (in dollar terms), Chairman Mark Liu said at the company’s annual shareholder meeting on Wednesday, June 8. That’s a bump higher on company guidance in April of growth topping mid- to high-20% in 2022.
May 31, 2022 | Daily JAM, Millennial, Top 50 Stocks, TSM |
On May 31 I made Taiwan Semiconductor Manufacturing (TSM) the first pick in my new Special Report: Fundamentals are back, Baby! 5 Fundamental Value Picks. The stock is already a member of my long-term 50 Stocks Portfolio (where it is up 98.75% from my October 7, 2019 buy as of the close on May 31). On June 1 I will add it to my Millennial Portfolio (for investors with more time than money).
May 31, 2022 | Daily JAM, Long Term, Millennial, Special Reports, Top 50 Stocks, TSM |
There are bargains in this market. But how do you find them? Not, clearly, by looking to see what is cheaper than it was. The fear that’s stopping so many investors from loading up the truck now on Nvidia or Disney or Microsoft or Johnson Controls–all stocks that I really, really like for the long term–is that today’s “cheap” stocks will be tomorrow’s even “cheaper” stocks. So it’s time to dig into your investor’s toolbox and dust off those tried and true techniques for using company fundamentals to figure out the value of a stock. And for separating the real values in this sell off from those cheap stocks on the road to being cheaper.
January 18, 2022 | AMAT, Daily JAM, Jubak Picks, Millennial, MSFT, Short Term, Special Reports, Top 50 Stocks, TSM |
In the first section of this Special Report: When will the selling stop? When to buy What to buy” posted back on January 11, I said that I’d look to buy in tiers. And thus stagger my buying to take account of any earnings season selling and any volatility around the Fed’s January 26 meeting. In the first tier, I said, back on January 11, I said I’d look for former momentum and earnings growth favorites, especially in the technology sector, that had taken big hits in the selling from the November 19 high. The three first tier buys were Nvidia (NVDA), Advanced Micro Devices (AMD), and and the first three buys back on January 11 were Nvidia (NVDA), Advanced Micro Devices (AMD, and Adobe (ADBE). I said I’d name my second tier picks after bank earnings. Which means today.
October 14, 2021 | AMAT, ASML, Daily JAM, Top 50 Stocks, TSM |
Taiwan Semiconductor Manufacturing (TSM), the dominant independent chip manufacturer in the world, reported earnings today, October 14, of $1.08 per share for the September quarter. Wall Street analysts hd expected earnings of $1.04 a share. The stock closed up 2.35% today on the news.
