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Enter Symbol:
 
Taiwan Semiconductor Manufacturing Company (TSM) [hlAlert]

Rating:
Underperform
TSM
down 20.96 %

Taiwan Semiconductor Manufacturing Company (TSM) rated Underperform by BofA/Merrill

Posted on: Monday,  Oct 8, 2012  9:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Taiwan Semiconductor Manufacturing Company (NYSE: TSM) on 10/08/2012, when the stock price was $15.76. Since
then, Taiwan Semiconductor Manufacturing Company has gained 26.52% as of 01/28/2016's recent price of $19.94.
If you would have followed this BofA/Merrill's recommendation on TSM, you would have lost 20.96% of your investment in 1207 days.

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is principally engaged in the manufacture of integrated circuits (ICs) for customers based on their own or third parties' IC designs. The Company offers a range of wafer fabrication processes, including embedded non-volatile memory process, embedded dynamic random access memory (DRAM) process, mixed signal/ radio frequency (RF) process, high voltage process, complementary metal-oxide semiconductor (CMOS) image sensor process, color filter process, micro electro-mechanical system (MEMS) process and silicon germanium process, among others. The Company's chips are used in computer products, communications products and consumer electronic products. As of December 31, 2008, the Company had seven wafer plants.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2012 9:25 AM Sell
None
15.76
as of 12/31/2012
1 Week down  -1.35 %
1 Month up  0.63 %
3 Months down  -8.88 %
1 YTD down  -8.88 %

(*) Stock Price at the time of the recommendation.
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