7/30/24 - $tsm - Adding here mid $150s7/30/24 :: VROCKSTAR :: NYSE:TSM
Adding here mid $150s
- growing mid 20s CAGR, PE sub 20x
- no competitors for their designs
- backlog as high as the eye can see
- "china china china" is FUD /politicians own it for a reason
- 20% off from the top
- going higher
- do we go 15% lower before we go higher? ask uncle Jerome. i don't know.
I like NASDAQ:NVDA > NYSE:TSM > NASDAQ:ASML today in that order. I'd forget the rest. There are mega/large caps with massive moats. Save some ammo if we're going lower before higher, obviously. But I like the idea of using some of my dry powder to buy these (as you guys know I've sold down some of my OTC:GDLC after the recent pop - still more to go but cautious in the short term - I'm down to 35% from nearly 60% two wks ago for perspective).
Be safe. stay solvent. ofc comment if you see it differently or what your moves are here.
V