Is TSMC Stock a Buy Now?
Taiwan Semiconductor Manufacturing (NYSE: TSM) has enjoyed a stellar run on the stock market in the past year, clocking gains of 87% as of this writing, and it looks like the foundry giant is set to deliver another terrific year to investors in 2025.
Popularly known as TSMC, the company has seen its shares jump almost 4% following the release of its fourth-quarter 2024 results on Jan. 16. TSMC not only beat estimates but also issued solid guidance for the first quarter of 2025 that turned out to be better than Wall Street's expectations.
However, investors may be wondering if it makes sense to buy this semiconductor stock following the outstanding gains it has delivered in the past year. Let's explore and seek an answer.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€362.50
-0.140%
The stock is one of the favorites of our community with 28 Buy predictions and 2 Sell predictions.
With a target price of 400 € there is a slightly positive potential of 10.34% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 362.5 €.
