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Stock impact report

What Is One of the Best Tech Stocks to Hold for the Next 5 Years? [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than Taiwan Semiconductor Manufacturing › Shares of Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) have nearly tripled in value over the past five years, turning a $1,000 investment into $2,800 at the time of writing. The growing demand for data center infrastructure presents a significant opportunity for TSMC, as high-performance computing chips currently account for the majority of its revenue. Despite the stock's strong run over the past few years, its valuation still allows for substantial upside over the next five years. Analysts expect the company's earnings per share to grow at a 22% annualized rate over the next few years. The stock's valuation reflects the company's recent momentum, with the shares trading at a price-to-earnings (P/E) multiple of 30. However, this valuation does not fully account for future earnings growth, as the P/E multiple drops to 23 on 2026 earnings estimates. TSMC's third-quarter earnings per share jumped 39% year Show less Read more
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