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Taiwan Semiconductor Manufacturing Company Limited [TSM] is 11 45% higher this YTD Is it still time to buy?

Even if you’re not actively in crypto, you deserve to know what’s actually going on. Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing. Sponsored The report is available at https://investor.tsmc.com/english/sec-filings. Hard copies of the report are also available, free of charge, upon email request to g sec@tsmc.com. Taiwan Semiconductor Manufacturing Company Limited represents 5.19 billion in outstanding shares, while the company has a total market value of $558.79 billion with the latest information. TSM stock price has been found in the range of $119.40 to $121.54.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) s Stock Price Continues to Rise

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $119.40 and $121.53. The company’s P/E ratio in the trailing 12-month period was 31.97, while its 5Y monthly beta was 0.91. In examining the 52-week price action we see that the stock hit a 52-week high of $142.2 and a 52-week low of $49.38. Over the past month, the stock has gained 8.88% in value. Taiwan Semiconductor Manufacturing Company Limited, whose market valuation is $545.54 Billion at the time of this writing. The dividend yield on the company stock is 1.48, while its Forward Dividend ratio is 1.75. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.91 per share this quarter, however they have predicted annual earnings per share of $3.94 for 2021 and $4.55 for 2022. It means analysts are expecting annual earnings per share growth of 0.16% this year and

Now Is The Time To Build A Position In Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Analysts have given a consensus recommendation of Buy for Taiwan Semiconductor Manufacturing Company Limited (TSM), translating to a mean rating of 2.2. Of 35 analyst(s) looking at the stock, 1 analyst(s) give TSM a Sell rating. 6 of those analysts rate the stock as Overweight while 2 advise Hold as 26 recommend it as a Buy. None analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.91. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) trade information Analysts on Wall Street suggest a consensus price target of $144.22, implying an increase of 22.44% to the stock’s recent value. The extremes give us $85 and $200 for target low and target high price respectively. As such, TSM has been trading 69.79% off suggested target high and -27.84% from its likely low.

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