Taiwan Semiconductor (TSMC) Stock: Bear vs. Bull
Over the past decade, Taiwan Semiconductor Manufacturing's (NYSE: TSM) stock rallied nearly 450% as the S 500 advanced 170%. TSMC easily beat the market because it's the world's largest and most advanced contract chipmaker, and it fed the market's insatiable appetite for more powerful chips. The robust growth of TSMC's top customer, Apple, amplified those gains.
But does TSMC still have room to run over the next few years? Let's compare the bear and bull cases to find out.
Image source: TSMC.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€151.40
1.470%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 160 € there is a slightly positive potential of 5.68% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 151.4 €.
