Taiwan Semiconductor Manufacturing Stock Buy Recommendation Reiterated (TSM)
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
- TSM's very impressive revenue growth greatly exceeded the industry average of 3.5%. Since the same quarter one year prior, revenues leaped by 60.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
- TSM's debt-to-equity ratio is very low at 0.16 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, TSM has a quick ratio of 1.73, which demonstrates the ability of the company to cover short-term liquidity needs.
- Powered by its strong earnings growth of 94.11% and other important driving factors, this stock has surged by 32.02% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, TSM should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- The gross profit margin for TAIWAN SEMICONDUCTOR MFG CO is currently very high, coming in at 73.40%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 34.80% significantly outperformed against the industry average.
- Net operating cash flow has significantly increased by 69.56% to $2,690.50 million when compared to the same quarter last year. In addition, TAIWAN SEMICONDUCTOR MFG CO has also vastly surpassed the industry average cash flow growth rate of -7.95%.
--Written by a member of TheStreet Ratings Staff. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts