Taiwan Semiconductor (TSM 35.50) reached its Minimum Sell Price of 35.69 today, May 11. First quarter sales and earnings strong which sent the stock higher. Management expects demand to diminish in the second quarter due to inventory reductions in the company’s supply chain, so now is a good time to take profits.
Taiwan Semiconductor was first recommended in September 2014 at 21.17. The company was featured in the Cabot Value Model using the Modern Value analysis. TSM has advanced 68.59% in the past 32 months compared to a gain of 19.31 % for the Standard & Poor’s 500 Index during the same time period.
I recommend selling your TSM shares now.