Why Taiwan Semiconductor Stock Topped the Market Today
TSMTSMC(TSM) The Motley Fool·2024-07-09 06:40

A slight price-target increase only added to the widespread bullish sentiment on the company.For the most part, Monday was a rather forgettable day for the stock market. The S&P 500 index could only muster a 0.1% gain, and many titles traded sideways during the session. So the more than 1% gain of chipmaking giant Taiwan Semiconductor Manufacturing (TSM 1.44%) to a new, all-time high share price was notable.The long-tail trend is its friendThat day, Taiwan Semiconductor benefited from a long-tail trend, com ...