Why Taiwan Semiconductor Stock Is an Unstoppable Juggernaut to Bet On

There is no stopping Taiwan Semiconductor Manufacturing (NYSE:TSM). The world’s largest pure play semiconductor foundry really has too much demand for its capacity and will be flush with growth for years to come. Despite the excess of good fortune showering down on Taiwan Semiconductor stock, shares are not overvalued. TSM stock is undervalued, with a price-to-earnings ratio of 20 and a sales multiple of less than 2. With sales growing at 16.5% CAGR and earnings at 18% CAGR, this is a discounted stock. Wall ...