For TSMC ( TSM ) stock, my investment stance is a Strong Buy, as it is no longer a cyclical manufacturer. TSMC has now become the Sovereign Utility of Computation. The strong buy thesis is based on theAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking ...