Free Trial

Analysts Keep Boosting Taiwan Semiconductor Stock—Here's Why

Key Points

  • Wall Street analysts see a new reason to boost Taiwan Semiconductor stock today, leaning on the company's fundamental positioning.
  • Success in other chipmakers will rely on Taiwan Semiconductor in order to deliver, solidifying upside potential.
  • A new 52-week high could drag even more institutional buyers.
  • MarketBeat previews the top five stocks to own by July 1st.

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Already have an account? Log in here.

Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?

Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiwan Semiconductor Manufacturing wasn't on the list.

While Taiwan Semiconductor Manufacturing currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Gabriel Osorio-Mazilli
About The Author

Gabriel Osorio-Mazilli

Contributing Author

Equity Research, Dividend Investing, ETFs, Global Markets

Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
NVIDIA (NVDA)
4.8886 of 5 stars
$143.83-1.1%0.03%46.40Moderate Buy$173.05
Taiwan Semiconductor Manufacturing (TSM)
2.3164 of 5 stars
$209.71-1.8%1.13%26.96Moderate Buy$222.50
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Related Videos

Why AMD Stock Beats NVIDIA Right Now
NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines