Posted 2/29/2024, 10:45:17 PM
TSMC Stock Outperforms Broader Markets, Up Over 12% Last Month
- TSMC (TSM) stock rose 1.01% on the latest trading day, outperforming broader markets
- TSM stock is up 12.77% over the past month, leading its sector and the S&P 500
- TSM is expected to post EPS of $1.29 next quarter, down 1.53%, and revenue of $18.38B, up 9.96%
- For the full year, TSM's EPS and revenue are forecast to grow 19.11% and 23.24% respectively
- TSM currently has a Forward P/E of 20.64, on par with its industry average, and a PEG of 2.88, also in line with its peers