Is TSM worth investing?

**TSMC (TSM) appears to be a strong candidate for investment**, and here's why: 1. **Consistent Growth and Stability**: TSMC has demonstrated consistent growth in revenue, net income, and diluted EPS. The company's revenue grew by 30.93% to $26.75 billion, net income by 48.18% to $11.53 billion, and diluted EPS by 47.96% to $0.45. This indicates a strong profitability trend. |Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|code|market_code| |---|---|---|---|---|---|---|---| |TSM.N|TSMC|2024 Q1|1.856073333546051E10|7.05359437747813E9|0.272471037|TSM|169| |TSM.N|TSMC|2024 Q2|2.075532066094528E10|7.63209337672832E9|0.2946070784|TSM|169| |TSM.N|TSMC|2024 Q3|2.400291387952794E10|1.02710965176486E10|0.3962085732|TSM|169| |TSM.N|TSMC|2024 Q4|2.674656660126E10|1.153276894254E10|0.445026187|TSM|169| 2. **Positive Future Outlook**: The company's future outlook is positive, with expectations of continued growth driven by the AI-related demand. TSMC's CEO is confident about the company's ability to navigate the U.S. chip curbs and expects permission for special permits for customers. 3. **Strategic Investments and Market Position**: TSMC is advancing strategic investments, such as the $65 billion investment in three new plants in Arizona, which underlines its commitment to expanding production capacity amid growing global chip demand. This strategic move is likely to strengthen its market position further. 4. **Dividend Attractiveness**: TSMC has a dividend yield of 1.16%, with a history of dividend growth and a continuous dividend duration of 2 years. This makes it an attractive option for income-focused investors. |Ticker|Name|Date|Dividend Yield (TTM)|code|market_code| |---|---|---|---|---|---| |TSM.N|TSMC|20240214|1.4341339831360715|TSM|169| |TSM.N|TSMC|20240215|1.4368015190265828|TSM|169| |TSM.N|TSMC|20240216|1.4633396479595864|TSM|169| |TSM.N|TSMC|20240220|1.479218862203782|TSM|169| |TSM.N|TSMC|20240221|1.4791008456996968|TSM|169| |TSM.N|TSMC|20240222|1.436356240799566|TSM|169| |TSM.N|TSMC|20240223|1.4312553076507373|TSM|169| |TSM.N|TSMC|20240226|1.4190944580526639|TSM|169| |TSM.N|TSMC|20240227|1.441717862975348|TSM|169| |TSM.N|TSMC|20240228|1.4554129376668237|TSM|169| |Ticker|Name|Dividend Growth Duration|Dividend Continuous Duration|code|market_code| |---|---|---|---|---|---| |TSM.N|TSMC|2|21|TSM|169| 5. **Technical Indicators**: From a technical analysis perspective, TSMC's stock is currently trading below its 5-Day, 10-Day, and 20-Day moving averages, which could be seen as a bullish signal as it is below short-term moving averages. However, it is above its 30-Day, 50-Day, and 60-Day moving averages, indicating a potential upward trend. |Ticker|Name|Date|Moving Average|code|market_code| |---|---|---|---|---|---| |TSM.N|TSMC|20250213|206.2040|TSM|169| 6. **Analyst Confidence**: Analysts have a positive outlook on TSMC, with current price targets ranging from $225 to $255, indicating potential for further price appreciation. 7. **Industry Leadership**: TSMC's leadership in the semiconductor foundry industry and its expertise in manufacturing cutting-edge chips for tech giants like Apple, Nvidia, and AMD are significant advantages. In conclusion, TSMC's strong financial performance, positive growth outlook, strategic investments, attractive dividend, and positive analyst sentiment make it a compelling investment case. However, investors should consider their risk tolerance and investment horizon, as with any investment.