Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) a Buy. With unique fundamental and quantitative metrics developed by Louis Navellier, this analytical tool researches nearly 5,000 stocks weekly. The current Portfolio Grader recommendation on the shares has been in place for 4 months.
The company is a component of the 110 company Semiconductors & Semiconductor Equipment GICS industry group, which is part of the 708 company GICS Information Technology sector. TSM has a market value of $218.6 billion which is in the top 10% of its industry group The ranking for TSM by Portfolio Grader places it 38 among the 110 companies in this industry group, placing it in the top half.
Currently, Portfolio Grader ranks the Information Technology sector number 4 among the 12 sectors in its universe putting it in the top half of all the GICS sectors. The Semiconductors & Semiconductor Equipment industry group is ranked 7 among the 69 industry groups within the GICS sectors, placing it above-average in terms of the Navellier scoring system.
TSM has achieved above-average scores in 1 of the 8 fundamental areas analyzed by Portfolio Grader and average or below-average grades in 7 of the areas used in the ranking of company stocks.
TSM’s operational scores are below the industry norms for sales growth, operating margin, and earnings growth. Scores for visibility of earnings are worse than the industry norms for earnings revisions, earnings surprises, and earnings momentum. TSM’s ranking for return on equity is significantly better than its industry group average but its grade for cash flow is below-average. Based on these fundamental scores, Taiwan Semiconductor Manufacturing places in the third quartile of the industry group.
Portfolio Grader quantitatively measures TSM’s shares using the Navellier Proprietary Quantitative Score. This metric looks at TSM’s shares from the viewpoint of risk/reward. This exclusive scoring system assesses the relative value of TSM’s shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Using this risk/reward calculation, the company currently scores well above-average in its industry group compared to its peers.