Better Blue Chip Tech Stock: AT&T vs. TSMC
AT&T (NYSE: T) and TSMC (NYSE: TSM) are both often considered stable blue chip tech stocks for conservative investors. AT&T is one of the largest telecom companies in America, while TSMC is the world's largest contract chipmaker.
Both stocks look cheap and pay attractive dividends. AT&T trades at just 7 times forward earnings and pays a forward yield of 5.8%. TSMC trades at 14 times forward earnings and pays a forward yield of 2.2%. But should investors simply buy AT&T because it looks cheaper and pays a bigger dividend? Let's take a fresh look at both tech giants to decide.
Source Fool.com