Taiwan Semiconductor Mfg. Co. Ltd. (DR) (NYSE:TSM) Showed Unusual Social Activity; Analysts Rate It A ‘Buy’

Boston, MA, 03/14/2014 – Taiwan Semiconductor Mfg. Co. Ltd. (DR) (NYSE:TSM), the world’s largest independent semiconductor foundry, was identified as an unusual social activity contender by Trade Ideas LLC.

Trade Ideas has cited certain proprietary factors which contribute to the stock being listed as demonstrating unusual social activity stock yesterday. Apart from these factors, other reasons include the company showing ten times higher social activity than the normal benchmark for this hour of the day. This is comparable to its usual average of 2.07 mentions per day. Another chief reason contributing to the tag the stock has achieved is its average dollar volume which is presently $249.5 million. The value is calculated as a product of the average daily share volume and its share price.

Good Performance

Taiwan Semiconductor Mfg. Co. Ltd. (DR) (NYSE:TSM), the manufacturer, seller and tester of computer aided designing integrated circuits along with semiconductor devices, has a dividend yield of 2.1% on its stock as of now. It has a PE ratio of 18.0. Its average volume has been 10.3 million shares a day in the last 30 days. The company has a market cap of $97.9 billion and shares part in the electronics industry and the technology sector.

Analysts at the Wall street have rated the stock as a ’buy’ on account of its growth in revenue and surge in stock price as compared to the last year.

Investments And Growth

Taiwan Semiconductor Mfg. Co. Ltd. (DR) (NYSE:TSM) holds an important place in the mobile semiconductor industry as it builds and supplies chips to large companies including QUALCOMM Inc (NASDAQ:QCOM), NVIDIA Corp (NASDAQ:NVDA) and Broadcom Corp (NASDAQ:BRCM). The company is performing well and has established itself strongly amid the mobile computing and network infrastructure booms which are constantly furthering demand for more advanced semiconductor chips. It had invested $10 billion to capital costs in 2013 and had spent another $1.65 billion in R&D and seeks to increase the amount to sustain the growth trends.

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