10/15/24 - $tsm - A buy into results sub $190

10月16日

10/15/24 :: VROCKSTAR :: TSM
A buy into results sub $190

- 25x EPS on EV... growing high 20s, low 30s%. not cheap but you get what you pay for - best in the biz
- go read my ASML comment. while i'm short term swingin sub $730, tmr i probably remove it from my buddy list - there's a chance someone has figured out how to disintermediate their process. just a hypothesis for now. but if it's anyone, TSM is probably involved.
- high end chip demand remains unstoppable. again back to asml... seems to be more related to factors that are less "directly" correlated to TSM. so the risk off day was/is probably a gift to still buy one of the top dogs
- i'm probably going to swap my 2% stake in asml for 2-3% in tsm tmr depending on how the market opens (smaller if it's up, bigger if it's up at the open)
- pecking order still remains NVDA > AVGO > tsm... but will do more work to determine if TSM > avgo. will report back.
- anyway. if i owned TSM, i'd not be trimming only looking for a smart place to add depending on my size/ risk levels on other stuff in my portfolio.

V