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Taiwan Semiconductor Manufacturing

(

TSM

) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.9%. By the end of trading, Taiwan Semiconductor Manufacturing rose $0.38 (1.9%) to $20.02 on average volume. Throughout the day, 14,396,931 shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 11,223,500 shares. The stock ranged in a price between $19.73-$20.04 after having opened the day at $19.74 as compared to the previous trading day's close of $19.64. Other companies within the Electronics industry that increased today were:

Forward Industries

(

FORD

), up 22.5%,

Vimicro International Corporation

(

VIMC

), up 21.8%,

Dynasil Corporation of America

(

DYSL

), up 18.2% and

Giga-tronics

(

GIGA

), up 14.8%.

Taiwan Semiconductor Manufacturing Company Limited is engaged in manufacturing, selling, packaging, testing, and computer-aided designing integrated circuits and other semiconductor devices. It also manufactures masks. Taiwan Semiconductor Manufacturing has a market cap of $100.7 billion and is part of the technology sector. Shares are up 12.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Taiwan Semiconductor Manufacturing a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Taiwan Semiconductor Manufacturing

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

Intermolecular

(

IMI

), down 5.1%,

Trio-Tech International

(

TRT

), down 4.2%,

Aetrium Incorporated

(

ATRM

), down 3.9% and

Digital Power Corporation

(

DPW

), down 3.5%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider

iShares Dow Jones US Technology

(

IYW

) while those bearish on the electronics industry could consider

ProShares Ultra Short Semiconductor

(

SSG

).

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