These 3 Stocks Have a Killer Advantage

The technology hardware business has a reputation for being very cyclical and economically sensitive. However, the following three stocks -- Taiwan Semiconductor Manufacturing (NYSE: TSM), ASML Holdings (NASDAQ: ASML), and NVIDIA (NASDAQ: NVDA) -- have all absolutely trounced the market this year, despite their hardware-focused businesses and a pandemic-fueled recession.

TSM Year to Date Total Returns (Daily) data by YCharts

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Source Fool.com