Taiwan Semiconductor Manufacturing Company Ltd. (TSM) Soars to 52-Week High, Time to Cash Out?
TSMTSMC(TSM) ZACKS·2024-07-12 22:15

Have you been paying attention to shares of TSMC (TSM) ? Shares have been on the move with the stock up 6.7% over the past month. The stock hit a new 52-week high of $193.47 in the previous session. TSMC has gained 77.4% since the start of the year compared to the 28.5% move for the Zacks Computer and Technology sector and the 77.4% return for the Zacks Semiconductor - Circuit Foundry industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't ...