BID , TSM - 2 Great Buys now

Discussion in 'Stocks' started by derock1004, Jun 26, 2007.

  1. For those of you looking for trading idea: I have got 2 names for you (I can see a >20% return in the next couple months based on both fundamental and technical)

    BID - Sotheby
    -Better than expexted results from London Art Week Auctions.
    -Art is still the "Hottest" investment.

    TSM - Taiwan Semiconductor
    I picked this stock purely based on Macroeconmics
    Since the Chinese stocks have skyrocketed recently, I believe a lot of int'l fund managers or money managers in China will be reluctant to buy into the Chinese market which means those $ will flow to the nearby areas like Hong Kong, Taiwan, Korea, Japan... Among all those countries, the Taiwanese market is still very undervalued.
    Also with the new Chinese gov't regulation, $ in China is allowed to flow out of China which will greatly benefits the nearby markets like HK, Taiwan...