TSM) Background: Taiwan Semiconductor engages in computer-aided designing, manufacturing, packaging, testing, and selling integrated circuits and other semiconductor devices; and manufacturing masks. 52-Week Range: $12.14 to $16.97 Book Value: $4.45 Price To Book: 3.7 Earnings Payout Percentage: 39% The company currently pays 40 cents per share in dividends for a yield of 2.4%. Taiwan Semiconductor is like an Asian Energizer bunny. It keeps going and going. In the last month alone, the stock climbed 9%. Taiwan Semiconductor continues to make new 52-week highs just about every time I pull up the charts to look at it. If you have a strong constitution, you can buy right into strength and ride out the volatility. Otherwise, the conservative (and my personal approach) is to wait for a retracement from profit taking. After shares ease back (assuming they do), enter into a position by scaling in.