Slightly OT: Why is PE on ONSemi so low?

The others are overvalued?

-a

Hello Andy,

For PEs in the high 20's I'd certainly get that impression as well.

impression as well.

"For PE's in the high 20's..."

What stocks are you in reference to?

Dave

Hello Dave,

impression as well.

Many other US semi mfgs. TXN (Texas) was what I'd really like but it's at 20.7. ADI (Analog Devices) is at 24.1, LLTC (Linear) is at 23.5. All a bit expensive for my taste yet I like to invest in companies that I know or have researched out thoroughly. Suffice it to say that there are certain semiconductor companies that I would not invest one dime in ;-)

I own LLTC, but I have a sell order in, to take advantage of any rise.

US tech companies are very tight as far as sharing their profits with their share holders as dividends. What do you think of Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM )? For almost a year, I had an open buy order at $7, but never quite made it. Now I wish I had bid $8.

Hello John,

Yes, dividend income is a bit more important in a Roth IRA where you don't get hit with another tax on it. TSM seems priced about right at a PE around 13.4. Went down 31c today.