5 Best ADR Stocks To Buy Now

Page 5 of 5

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

Number of Hedge Fund Investors In Q2 2023: 121

Topping our list is the world’s largest contract chip manufacturer, the Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). Its shares are rated Strong Buy on average and analysts have penned in a $111 average share price target.

121 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database were Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s investors. Ken Fisher’s Fisher Asset Management is the largest hedge fund shareholder, through a $2.9 billion investment.

Follow Taiwan Semiconductor Mfg Co Ltd (NYSE:TSM)

Disclosure: None.  You can also take a look at 10 Best Blockchain and Bitcoin ETFs and Dow 30 Stocks List: Ranked By Hedge Fund Bullishness Index.

Follow Insider Monkey on Twitter

Page 5 of 5