Prediction: Taiwan Semiconductor Could Surge by 128% in the Next 5 Years

Making an exact prediction about how much a stock will rise over the next five years isn't easy. Additionally, there's a high chance I'll be wrong on my specific prediction, but I believe I'll be correct in the general direction.I am fairly confident that Taiwan Semiconductor (NYSE: TSM) will rise over the next five years, but an exact prediction is 128%. A few factors led me to this conclusion, but if I'm right, TSMC is a no-brainer stock to buy right now.Taiwan Semiconductor is a leading contract chip manufacturer. It fabricates chips for its clients that don't have the ability to manufacture them themselves. This includes dominant tech players like Apple and Nvidia, although the list of TSMC clients is much larger. Taiwan Semi became the top partner for tech giants through continuous innovation and rock-solid execution, and is expected to stay in that role even as chip production starts to return to the U.S.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool