Alt way to invest in commodities in China

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"I've been telling people to take profits in that one and cycle into ON Semiconductor (ONNN), Cadence Systems (CDNS), Brocade Communications (BRCD) and Broadcom (BRCM)." "Mad Money Lightning Round," 6-16-09

I wish I bought it earlier

But you can also buy the roaring tech components of the materials that the Chinese are buying. Here I am talking about, again, Taiwan Semi (TSM) as well as Analog Devices (ADI) -- not done yet -- and perhaps the most explosive of all, SanDisk (SNDK), which is the quintessential gadget company that has been overlooked for ages.

LEADING THE TECH RALLY WITH 3+% DIVIDEND YIELD

I think we saw, for example, Taiwan Semi (TSM) have a huge move, and that was mucho de-stocking. It was also, and this continues, the Chinese demand, which remains very strong.

"There are tons of real beats out there. I didn't expect Owens-Illinois (OI) to do that well, for certain. ... Dow Chemical (DOW) obviously had a lot of fat. ... Everyone's saying now that April's been pretty darned good. ... Taiwan Semi's (TSM) a monster, and a great play on China." ("Flu Panic Led Shorts to Lean too Far," 4-30-09)

"This one should be doing better, they had a great quarter. I want to be a buyer." ("Mad Money Lightning Round," 4-24-09)

We've seen it going on since the market bottom, the endless driving of tech higher and higher. We get the wireless bottom, thanks Nokia (NOK); the personal computer bottom, thanks Intel (INTC); the gadget bottom, thanks Taiwan Semiconductor (TSM); the TV bottom, thanks Corning (GLW) and Best Buy (BBY); the software bottom, thanks to Oracle (ORCL) buying Sun Microsystems (JAVA) for its software and IBM (IBM) celebrating its software on its quarter; and the dot-com bottom represented by great earnings from Google (GOOG) and decent numbers from rejuvenated management teams at Yahoo! (YHOO) and eBay (EBAY).

not enough volatility - though the fundamentals seem strong

TSM is a stock which tests one's convictions. Buy because it is value. Sell because there is much pain before the sun comes out. It is a decent house in a miserable neighborhood. Not best of breed, but well run. Profitable in an up swing for the chips. Red headed stepchild when the chips hit the fan.

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