3 Stocks I'm Buying Over SpaceX Right Now
Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, went public with a lot of fanfare. In the days following its initial public offering, that appeared to be justified, as the stock skyrocketed.
However, it has since crashed back to Earth and now trades for around $115. The reality is that the stock is trading at levels that aren't supported by its business financials, and there are several more-attractive stocks that investors should consider over SpaceX.
Three that top my list are Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM) (TSMC), and Broadcom (NASDAQ: AVGO). They actually have business fundamentals that support their valuations, and each is growing faster than SpaceX.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€346.00
-1.280%
The stock is one of the favorites of our community with 28 Buy predictions and 2 Sell predictions.
With a target price of 400 € there is a slightly positive potential of 15.61% for Taiwan Semiconductor Manufacturing Co. Ltd. ADR compared to the current price of 346.0 €.
