Jim Cramer Says “Taiwan Semi Is a Very Good Situation”

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was among the stocks Jim Cramer covered on Mad Money as he discussed the wave of IPOs being the market’s possible biggest threat. A caller inquired if the company has “a lot of room to grow,” and Cramer commented:

I like TSM very, very much. I think it’s terrific. I remember when it reported last week, the stock went down on a perfectly good quarter. I came in here, I said, listen, I like that quarter. I looked real bad for about 48 minutes, and that’s about it. Taiwan Semi is a very good situation.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) produces and sells integrated circuits and semiconductor devices. The company provides fabrication and other related services. On April 7, a caller inquired about the stock, and Cramer replied:

Look, I like Taiwan Semi very much, but I have to tell you, I am going to send you to NVIDIA. NVIDIA’s down a great deal. It’s suddenly become a disliked stock, and that’s when you want to own it.

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