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Taiwan Semiconductor: Don't Sell Along With Buffett

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  • TSMC dipped on news Berkshire Hathaway dumped shares of the chip company.
  • The investment firm run by Warren Buffett has a recent history of selling at the lows prior to large rallies.
  • The stock is a buy based on a cheap valuation at 12x '24 EPS targets, especially after the Buffett-induced dip.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
In a strange move, Berkshire Hathaway (BRK.A, BRK.B) slashed shares of Taiwan Semiconductor Manufacturing Company (NYSE:TSM) months after initiating a new position. The massive insurance and investment firm ran by Warren Buffett
Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

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