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
€359.00
-3.490%
With 28 Buy predictions and 2 Sell predictions Taiwan Semiconductor Manufacturing Co. Ltd. ADR is one of the favorites of our community.
As a result the target price of 403 € shows a slightly positive potential of 12.26% compared to the current price of 359.0 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
