Is Buying Taiwan Semiconductor Mfg. Co. Ltd. (ADR) Here a Winning Strategy? Option Traders Like The Stock

 Is Buying Taiwan Semiconductor Mfg. Co. Ltd. (ADR) Here a Winning Strategy? Option Traders Like The Stock

In today’s session Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM) registered an unusually high (393) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TSM increase. With 393 contracts traded and 2504 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TSM170120C00033000 closed last at: $0.7 or 0% . About 2.39 million shares traded hands. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has risen 21.00% since April 8, 2016 and is uptrending. It has outperformed by 15.36% the S&P500.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) Ratings Coverage

Out of 5 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 1 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 20% are positive. Taiwan Semiconductor Manufacturing has been the topic of 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. On Tuesday, June 28 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm earned “Hold” rating on Thursday, October 13 by HSBC. The stock has “Outperform” rating given by Credit Suisse on Friday, December 11. As per Tuesday, October 4, the company rating was upgraded by Susquehanna. On Friday, October 14 the stock rating was upgraded by Pacific Crest to “Sector Weight”.

According to Zacks Investment Research, “Taiwan Semiconductor Manufacturer Co is the world’s largest dedicated integrated circuit foundry. As a foundry, the Company manufactures ICs for its customers based on their proprietary IC designs using its advanced production processes. TSMC’s goal is to establish itself as one of the world’s leading semiconductor companies by building upon the strengths that have made it the leading IC foundry in the world.”

Taiwan Semiconductor Manufacturing Company Ltd. is a Taiwan firm principally engaged in the manufacture and sales of integrated circuits and semiconductors. The company has a market cap of $142.42 billion. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks. It has a 17 P/E ratio. The Company’s circuit products are applied in personal computers and ancillary products, information applications, communication products, automotive and industrial equipments and consumer electronic products.

TSM Company Profile

Taiwan Semiconductor Manufacturing Company Limited, incorporated on February 21, 1987, is a foundry, which makes semiconductors using its manufacturing processes for its clients based on their own or third parties’ integrated circuit designs. The Firm offers a range of wafer fabrication processes, including processes to manufacture complementary metal oxide silicon (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar complementary metal oxide silicon (BiCMOS) mixed-signal and other semiconductors. It operates through the foundry segment, which engages mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. The Firm also has other operating divisions, which engage in the researching, developing, designing, manufacturing and selling of solid state lighting devices and renewable energy and efficiency related technologies and products. The Firm also offers design, bumping, probing, and assembly and testing services.

More news for Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) were recently published by: Marketwatch.com, which released: “Taiwan Semiconductor upgraded to sector weight from underweight at Pacific Crest” on July 30, 2009. Fool.com‘s article titled: “3 Things Taiwan Semiconductor Mfg. Co. Ltd (ADR) Management Wants You to Know” and published on November 02, 2015 is yet another important article.

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