Name of opportunity: 👀
Taiwan Semiconductor Manufacturing Co
60% profit surge ‼️
Taiwan Semiconductor Manufacturing Co (TSMC) reported a 60% profit surge in their recent Q1 earnings report, which beat analyst expectations. Revenue increased by 42% year-on-year, and a strong Q2 revenue is expected. This is positive news for the company and its shareholders.
TSMC is an income stock, which means it pays out a proportion of its profits to shareholders. TSMCs dividend yield of 0.81% means that if you invested $1000 you might be paid $8.10 a year in dividends (based on the last 12 months).
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Taiwan Semiconductor Manufacturing Co. might increase from $153.46 to $225.26 in the next 12 months. If you invested $1000, you might profit $485.22.
Despite tariff concerns, TSMC has outperformed in quarter 1, which might result in positive investor sentiment. The average analyst recommendation for TSMC is ‘buy’, almost a strong buy, which means this stock might be a great addition to your portfolio.
TMSC’s strong Q1 profits indicate a demand for AI chips, which might signal potential for future growth to investors. Because of the stock’s predicted growth, dividend yield, and Q1 profits, it might be a solid investment choice currently.
Semiconductor company 💻
Taiwan Semiconductor Manufacturing Co is a Taiwanese multinational semiconductor contract manufacturing company that's headquartered in Hsinchu, Taiwan.
Which neme?: 🔍
‘This Week's Earnings’. ‘What Analysts Say’, ‘Microchips’
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