This Tech Stock Could Turn $1,000 Into $16,000
One of the most important tech companies in the world is semiconductor (chip) producer Taiwan Semiconductor Manufacturing (NYSE: TSM), or TSMC. It's the world's largest semiconductor foundry and one of the most valuable companies, with a market cap of over $1.7 trillion as of market open on Jan. 21.
If TSMC's stock price momentum were to continue, it could be a stock that turns $1,000 into $16,000. It won't happen overnight or in the next year -- or even in a few years -- but it's very much within reach for long-term investors who have patience.
Image source: TSMC.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Aktie
284,50 €
-2,73 %
Die Taiwan Semiconductor Manufacturing Co. Ltd. ADR Aktie genießt hohe Beliebtheit: Mehr Buy- (25) als Sell-Einschätzungen (2).
Ein Kursziel von 304 € für Taiwan Semiconductor Manufacturing Co. Ltd. ADR signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 284.5 €.
