TSM nws

Here is the relevant news and analysis:

1. TSMC's Recent Performance: TSMC (TSM) closed at $136.75, up 1.39% from the previous day, outperforming the S&P 500. Over the past month, its shares increased by 7.61%. Anticipated earnings: An EPS of $1.30 (down 0.76% YoY), with expected revenue of $18.38 billion (up 9.96% YoY). Fiscal year estimates: $6.19 EPS and $85.41 billion in revenue.

2. Overlooked Tech Stocks: TSMC is considered a strong buy with a Zacks Rank of #2. It's valued at a Forward P/E ratio of 21.81, similar to its industry average. The company is expected to benefit from the AI boom.

3. Wall Street's View on TSMC: TSMC has an average brokerage recommendation (ABR) of 1.33, indicating a Strong Buy or Buy. However, investors should consider their own analysis or tools like the Zacks Rank for investment decisions.

4. TSMC's Market Trend: TSMC is a trending stock, with its shares up 8.1% in the past month. Earnings estimate revisions and industry trends impact its future direction.

Analysis: TSMC is a strong buy with a promising future in the tech sector, especially in the AI and semiconductor industries. Its performance is closely tied to market trends and earnings estimates. Investors should consider TSMC's strategic position and growth potential in their investment decisions.