5 Stocks with Potential to Explode

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

Number of Hedge Fund Investors In Q3 2023: 107

Date Investment Newsletter Was Published On: 1/9/2024

The Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is a Taiwanese contract chip manufacturer that supplies chips to all major designers such as Intel, AMD, and NVIDIA. January 2024 is proving to be a great month for the firm as it beat analyst profit and revenue estimates for the fourth quarter and echoed bullish sentiment for A.I. chips that sent its depository receipts soaring by more than 8% on the NYSE.

107 out of the 910 hedge funds part of Insider Monkey’s database were Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s investors as of Q3 2023 end. Ken Fisher’s Fisher Asset Management was the biggest investor since it owned 30.6 million shares that are worth $2.6 billion.

Follow Taiwan Semiconductor Mfg Co Ltd (NYSE:TSM)

Disclosure: None. You can also take a look at 10 Best Long-Term Tech Stocks To Buy and These Stocks under $10 Are Poised To Explode.

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