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

Rating:
Neutral TSM
up 2.83 %

Taiwan Semiconductor Manufacturing Company (TSM) downgraded to Neutral by UBS

Posted on: Wednesday,  Oct 7, 2009  8:25 AM ET by UBS

UBS rated Neutral Taiwan Semiconductor Manufacturing Company (NYSE: TSM) on 10/07/2009. Previously UBS rated Buy Taiwan Semiconductor Manufacturing Company (NYSE: TSM) on
08/20/2007., when the stock price was $9.86. Since then, Taiwan Semiconductor Manufacturing Company has gained 2.84% as of 10/07/2009's recent price of $10.14.
If you would have followed the previous UBS's recommendation on TSM, you would have gained 2.83% of your investment in 779 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/7/2009 8:25 AM Hold
None
10.14
as of 12/31/2009
1 Week   
1 Month   
3 Months down  -7.48 %
1 YTD up  28.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/20/2007 9:25 AM Buy
None
9.86
7/11/2007 9:25 AM Hold
None
11.36

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