/biz/ - Business & Finance

Anonymous Fri Jul 24 20:37:30 2020 No.20665139 [View]
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>>20664964
dunno about AMD but TSM is still *relatively* undervalued relative to the rest of tech shit. This shit just crabs while the rest of tech dips. People are starting to realize TSM actually has great fundamentals and is practically a "safe haven" in a tiny tech bubble. You might lose -10% or -20% in the short-term but no one holding TSM right now will lose with a 3-year outlook.
Tech is the future and TSM wins no matter who wins in the end. AMD earnings on the 28th after close though. Still a bit spooky for TSM.

i mean even if you are trying to value trade (flawed thinking), TSM is still a great pick because its PE ratio is still under 25 despite the huge pumps since the start of July.

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/biz/ - Business & Finance

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