TSM Stock Soars 89.8% in a Year: Is it the Right Time to Invest?

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) shares have surged 89.8% in the past year, outperforming the broader Zacks Computer and Technology sector’s 32.6% growth and the S&P 500’s 26.2% rally in the said time frame. Such an impressive gain naturally leads investors to wonder whether Taiwan Semiconductor is still a compelling buy or if it is time to lock in profits.The company has been benefiting from its scale and capacity, particularly for advanced technologies, which are constantly bolstering ...