5 Best Breakout Stocks to Buy Now

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

Number of Hedge Fund Investors In Q1 2023: 102

The Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest contract chip manufacturing firm. Most of the analysts covering its stock have rated it either a Buy or Strong Buy, but ratings in June have hovered around Hold.

As of March 2023, 102 of the 943 hedge funds profiled by Insider Monkey had owned the chipmaker’s shares. Ken Fisher’s Fisher Asset Management is Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s biggest shareholder through a $2.3 billion investment.

Follow Taiwan Semiconductor Mfg Co Ltd (NYSE:TSM)

Disclosure: None. You can also take a look at 10 A-Rated Stocks Billionaires Are Loading Up On and 10 Most Undervalued Hong Kong Stocks To Buy.

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