12 Best Long-Term Stocks to Buy According to Ken Fisher

6. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Number of Hedge Fund Holders: 186  

Fisher Asset Management’s Stake: $5.6 billion

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. The company reported that on a consolidated basis, revenue for January 2025 was approximately NT$293.29 billion, an increase of 5.4% from December of the prior year and an increase of 35.9% from last year’s January. In February, Asia News Network reported that Taiwan’s TSMC launched full-scale production in Japan, the US, and Germany as part of the ‘silicon shield’ vs China. The firm has adopted a ‘silicon shield’ strategy to reduce the risk of Chinese aggression by concentrating production on the island, but it will also increase ties with other countries by spreading its production around the world.