Lately I've been thinking about including $TSMstock in my portfolio . TSMC is a great and very important company that is performing well and still has great potential. The stock has fallen nicely since the beginning of the year and the P/E is not that high either.
Are you buying $TSMstock on the current downturn or are you buying other stocks in the sector?
I've bought $ASML and $AVGO so far, but $TSM looks pretty good so I'm adding it to the watchlist.
TSMC is one of the best companies, but the big risk in my opinion is China. I'd rather pick another stock in that sector.