Taiwan Semiconductor (TSM) Gains 64.6% YTD: Should You Buy Now?

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) has seen its stock price climb 64.6% in the year-to-date period, outperforming the broader Zacks Computer & Technology sector's growth of 25.8% and the S&P 500 index's rise of 17.6%. The TSM stock is also currently trading above its 50-day moving average, indicating a bullish trend. The company is benefiting from its strong positioning in the semiconductor manufacturing field on the back of its scale and capacity, particularly for advanced technologies. ...