What do you think of yesterday's drop in $TSM3.0% stock? Are you buying? There may have been better buying this year, but 5% down is not a bad thing. I saw that even Cathie Wood and Ark Invest immediately bought 28,909 shares of Taiwan Semiconductor.
Hey all the success of $NVDA0.3% $TSM3.0% and many others is based on $ASML-0.7%... when do you think their performance will level out?
ASML is indispensable for all chipmakers, unfortunately it is not so visible on the stock. If it will level out I don't know, I guess they need to start talking about AI 😂
As others write - we don't know what will happen tomorrow, in a year, in 5 years. But the numbers are beautiful and the potential is huge. There is a risk/reward to consider here.
Are you using these jumps to sell and collect profits? I bought $TSM3.0% at $80 and now I'm up a few percent on it. I was wondering if I should sell or leave it for now, after all it's nice to take advantage of such sudden increases.
Cathie is a fearless woman but I won't follow her this time :-D