Guru Howard Marks (Trades, Portfolio), Oaktree Capital co-founder, billionaire and author of "The Most Important Thing,"Â Â upped his stake in Taiwan Semiconductors Manufacturing Co. (TSM, Financial) with the addition of 1,916,718 shares to his portfolio in the fourth quarter of 2015.
Taiwan Semiconductors was established in 1987. The company engages in manufacturing, selling, packaging, testing and production of computer-aided, integrated circuits and other semiconductor devices. To better manage the company’s long-term growth, Taiwan Semiconductors is currently investing in solar energy-related industries. With differentiated technology offerings and unique value propositions, Taiwan Semiconductors will pursue new opportunities in the future in this field, which is a good sign for the environment.
Taiwan Semiconductors has a market cap of $133.44 billion, a P/E ratio of 13.33, an enterprise value of $120.33, a P/B ratio of 3.35 and a dividend yield of 1.98.
Taiwan Semiconductors has many good signs, according to GuruFocus, that may have persuaded Marks to increase his stake. According to GuruFocus, the company has a 9/10 financial strength rating as well as a 9/10 profitability and growth rating. Taiwan Semiconductors' Piotroski F-Score is a high 8/8, indicating a healthy situation. The company’s interest coverage is comfortable; Taiwan Semiconductors has enough cash to cover all of its current debt, which is a great sign.
Taiwan Semiconductors is also traded in Argentina, Germany and Mexico.
Below is a Peter Lynch Chart for Taiwan Semiconductors.
Cheers to your investment success.
