Is Taiwan Semiconductor Stock Worth Buying Post Its 80% YTD Rally?
TSMTSMC(TSM) ZACKS·2024-11-19 22:05

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) , the global leader in semiconductor foundry services and also known as TSMC, has delivered an astounding 80% rally in its stock price year-to-date. This surge has outpaced the broader market, with the S&P 500 and the Zacks Computer & Technology sector rising 23.4% and 25.7%, respectively.YTD Price Return PerformanceImage Source: Zacks Investment ResearchInvestors may question whether this rally leaves room for further upside or if the stock has reached ...