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This Stock Is Down 42%. Buffett Just Bought $4 Billion of It

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This Stock Is Down 42%. Buffett Just Bought $4 Billion of It: https://g.foolcdn.com/editorial/images/709883/buffett22-tmf.png

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO and legendary investor Warren Buffett (or one of his lieutenants) added 60 million shares of Taiwan Semiconductor (NYSE: TSM) to the Berkshire portfolio, according to a recent SEC filing. With shares down more than 40% from the high, the dividend cut in half from the 2019 peak, and weakening demand for chips, was this a bad move? Motley Fool contributors Jason Hall and Jeff Santoro break down why Taiwan Semi looks really compelling at recent prices.

*Stock prices used were the after-hours prices of Nov. 16, 2022. The video was published on Nov. 20, 2022.

Source Fool.com

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