The Case for Owning Taiwan Semiconductor Stock, Indirectly
Taiwan Semiconductor (TSMC) (NYSE: TSM) provokes mixed emotions among investors. On the one hand, the company has taken the technical lead above all other third-party foundries.
However, the proximity of its foundries to China stokes geopolitical fears among some investors. This became most notably evident when Warren Buffett's team at Berkshire Hathaway bought TSMC stock only to reverse course within two quarters.
Still, investors may have stumbled on a way to balance those two concerns. Thanks to the breadth of TSMC's client base, many investors deal with this problem through indirect ownership of TSMC.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€145.40
-6.790%
With 25 Buy predictions and 1 Sell predictions Taiwan Semiconductor Manufacturing Co. Ltd. ADR is one of the favorites of our community.
As a result the target price of 167 € shows a slightly positive potential of 14.86% compared to the current price of 145.4 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
