Is Taiwan Semiconductor a Millionaire-Maker Stock?
If you invested $50,000 in Taiwan Semiconductor Manufacturing (NYSE: TSM) -- TSMC for short -- back when it first listed its American depositary shares (ADS) on the New York Stock Exchange in October 1997, and held on, you'd have a million-dollar investment in less than 27 years time. In fact, the Stock has risen by more than 3,000% in that time and a $50,000 investment would be worth more than $1.5 million.
While TSMC may not produce the same type of returns in the future, the stock still has the potential to be a millionaire maker.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
€251.00
-0.400%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
On the other hand, the target price of 247 € is below the current price of 251.0 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR, so the potential is actually -1.59%.
