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

Rating:
Buy TSM
up 134.86 %

Taiwan Semiconductor Manufacturing Company (TSM) rated Buy by Citigroup

Posted on: Thursday,  Oct 9, 2008  8:25 AM ET by Citigroup

Citigroup rated Buy Taiwan Semiconductor Manufacturing Company (NYSE: TSM) on 10/09/2008, when the stock price was $8.49. Since
then, Taiwan Semiconductor Manufacturing Company has gained 134.86% as of 01/28/2016's recent price of $19.94.
If you would have followed this Citigroup's recommendation on TSM, you would have gained 134.86% of your investment in 2667 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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2008 8:25 AM Buy
None
8.49
as of 12/24/2008
1 Week down  -5.52 %
1 Month down  -0.43 %
3 Months up  6.83 %
1 YTD up  6.83 %

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