Jim Cramer’s Game Plan: 15 Stocks to Watch

11. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 186

Coming to Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Cramer noted:

“A few minutes after 2:00 AM on Thursday, we get to listen to Taiwan Semiconductor talk. Now, lots of people think that this call has become a proxy for NVIDIA, this is NVIDIA’s foundry. If it’s strong, Nvidia flies. Now, that linkage is now antediluvian and it hasn’t held up under closed scrutiny in the last couple of quarters. Well, I’m going to listen but this time only for the color on the entire semiconductor space. Not as a one-for-one for Nvidia.”

Taiwan Semiconductor (NYSE:TSM) specializes in manufacturing, packaging, testing, and selling integrated circuits and other semiconductor products. During March 24’s episode of Squawk on the Street, Cramer remarked:

“Stargate and Taiwan Semi are the two that matter the most. Taiwan Semi if they can build the two-nano, the small ones, not the large ones that go into cars. If Taiwan Semi works out, then that’s a hedge against what we read about every day in the papers about what the Chinese government is doing.”