Could TSMC Stock Help You Retire a Millionaire?
Taiwan Semiconductor Manufacturing (NYSE: TSM) -- aka TSMC -- has made a lot of its investors rich since it publicly listed its ADR shares in the U.S. in 1997. If you had invested $33,000 in that initial offering, and reinvested your dividends over the years (after it started paying them in 2004), your TSMC holdings would be worth about $1.08 million today.
But could TSMC's long-term catalysts allow it to turn a $33,000 investment into more than $1 million again over the next three decades?
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
The stock is one of the favorites of our community with 25 Buy predictions and 1 Sell predictions.
With a target price of 173 € there is a slightly positive potential of 11.76% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 154.8 €.