Got $1,000? Buy These 3 Breakout Stocks for 2024

With 2024 here, many investors are trying to pinpoint which stocks will have strong years. With how great 2023 was, there is a bit of exuberance in the market, and some stocks are highly valued. However, I've pinpointed three stocks with plenty of upside in 2024 without the premium price tag.

So if you're looking for some stocks with plenty of potential, add these to your list.

Taiwan Semiconductor (NYSE: TSM) is the world's largest contract chip manufacturer. That means it supplies the chips to tech giants such as Nvidia, Apple, and . As a result, TSMC will benefit from the increased demand for artificial intelligence (AI) chips. Management believes that AI chips will rise from mid-single-digit percentage revenue share to the mid-teens in just five years.

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Source Fool.com