A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSM either through stock ownership, options, or other derivatives. I wrote this ...

Company Analysis - Taiwan Semiconductor Manufacturing Company Limited (TSM) has gained over 100% in the past year, and moderate gains are expected moving forward [1] - The immediate term technicals for TSM appear net positive, indicating potential for continued growth [1] Analyst Background - The analyst is a technically-oriented Canadian investor with a focus on U S markets, particularly in tech and financials [1] - The analyst holds a Bachelor of Commerce Degree with Distinction, majoring in Finance, and is a lifetime member of the Beta Gamma Sigma International Business Honour Society [1] - The analyst's core values include Excellence, Integrity, Transparency, and Respect, which are believed to be key for long-term success [1]

In July 2024, I argued that Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM ) is ready for new all-time highs, pointing to booming business momentum. Since the time of article publication, TSM shares returned more than 20%, compared to a gain of 6% forExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague an ...

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is poised to release its fourth-quarter 2024 earnings on Jan. 16.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company’s strategic focus on cutting-edge semiconductor technologies, combined with the surging global demand for artificial intelligence (AI) applications, positions it for robust financial results.Click here to know how TSM’s overall fourth-quarter results are likely to be.AI: The Catalyst for TSM’s MomentumThe r ...

TSMC's monthly revenue number for December continues to show strong growth.In today's video, I discuss Nvidia (NVDA -1.97%), Taiwan Semiconductor Manufacturing (TSM -3.36%), and recent updates impacting the company. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Jan. 10, 2025. The video was published on Jan. 10, 2025. ...

Semiconductor stocks have been red hot over the last two years thanks to soaring demand for artificial intelligence (AI).For the last two years, technology stocks have generated some pretty generous returns. Since ChatGPT was commercially released on Nov. 30, 2022, the Nasdaq Composite and S&P 500 indexes have boasted total returns of 70% and 47%, respectively.Among some of the technology sector's biggest gainers have been semiconductor stocks. Semiconductors play a critical role in the development of gener ...

Earnings and Market Performance - TSMC shares are expected to remain in focus ahead of the Q4 earnings report, with AI-driven demand anticipated to boost results [1][10] - Analysts predict a quarterly profit of $11.4 billion, driven by strong demand for advanced silicon used in AI infrastructure [4] - TSMC reported a 34% increase in 2024 sales, setting high investor expectations [4] - The stock gained 80% in 2024 and traded 5% higher year-to-date through Friday's close, but fell 3.5% on Monday amid a broader chip stock decline [5] Technical Analysis and Price Levels - TSMC's stock broke out from an 11-week ascending triangle earlier this month but has since retraced to retest the pattern's top trendline [2][10] - The Relative Strength Index (RSI) remains above 50, indicating bullish momentum [2] - A bullish price target of $246 is projected using the measured move technique, representing an 18% increase from Friday's close [8] - Key support levels to monitor include $190 and $175, with potential buying interest near these levels [9][10][11] Industry and Company Outlook - TSMC's outlook and capital expenditure (CapEx) will be closely watched as the company invests billions in new factories amid potential export curbs and tariffs under the incoming Trump administration [5]

Group 1 - The article expresses a positive outlook on Taiwan Semiconductor Manufacturing Company Limited (TSMC), indicating that the stock has outperformed the S&P 500 [1] - The author manages a family portfolio and emphasizes a generalist investment approach, focusing on sectors with perceived alpha potential compared to the S&P 500 [1] - The typical holding period for investments is noted to range from a few quarters to multiple years, suggesting a long-term investment strategy [1] Group 2 - The author has a beneficial long position in TSMC shares, indicating confidence in the company's future performance [2] - The article is presented as an independent opinion, with no compensation received from any company mentioned, reinforcing the credibility of the analysis [2]

Core Viewpoint - Taiwan Semiconductor Manufacturing Company (TSM) is expected to report strong fourth-quarter earnings, with a consensus estimate of $2.16 per share, reflecting a 50% year-over-year growth, and revenues projected between $26.1 billion and $26.9 billion, indicating a 34.4% increase from the previous year [1][2][6]. Financial Performance - The Zacks Consensus Estimate for fourth-quarter earnings is $2.16 per share, revised upward by 7 cents over the past 60 days [1]. - Revenue expectations are set between $26.1 billion and $26.9 billion, with a consensus estimate of $26.38 billion [2]. - TSM has a history of earnings surprises, having outperformed estimates in the last four quarters by an average of 7.9% [3]. Market Position and Growth Drivers - TSM is benefiting from a robust semiconductor industry rebound, driven by the rise of artificial intelligence (AI) applications and data-centric technologies [6]. - The company's leadership in advanced chip technologies, particularly 7nm and 3nm, is a key growth driver, with ongoing investments in next-generation technologies [7]. - Expansion into high-performance computing (HPC) and smartphone sectors, along with innovative FinFET technology, is expected to enhance performance [8][9]. - Diversification into automotive, IoT, and digital consumer electronics is likely to support top-line growth [10]. Challenges and Risks - Rising operational costs from overseas expansions in Arizona, Japan, and Germany may negatively impact gross margins [11][19]. - Higher electricity prices in Taiwan, following a 25% increase, could further pressure profitability [20]. - Geopolitical tensions, particularly between the U.S. and China, pose risks due to significant revenue exposure to China [20]. Stock Performance and Valuation - TSM shares have appreciated 105.8% over the past year, outperforming the S&P 500 and other semiconductor companies [12]. - The stock is currently trading at a forward 12-month P/E of 23.49X, which is lower than the sector average of 26.61X, indicating a potential value opportunity [14]. Strategic Initiatives - TSM's aggressive $30 billion capital expenditure in 2024 underscores its commitment to maintaining technological superiority and efficiency [17]. - The company is focusing on developing 2nm process technology, which promises significant power savings over existing technologies [17]. - Automotive chips now account for 5% of TSM's revenues, while smartphone chips represent 34%, positioning the company to capture emerging market opportunities [18].

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with robust price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors, focusing on stocks with strong growth potential and turnaround plays [3] Investment Strategy - The strategy combines price action analysis with fundamental investing, avoiding overhyped stocks while targeting battered stocks with recovery potential [2] - The investment outlook is typically 18 to 24 months for the thesis to materialize, aiming for robust fundamentals and buying momentum [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with attractive valuations and significant upside potential [3]