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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (109601)6/28/2021 4:42:21 PM
From: Goose94Read Replies (2) of 202710
 
Taiwan Semiconductor Manufacturing Company (TSM-NY) top pick from Lorne Steinberg on BNN.ca Market Call Monday June 28th @ 1200ET

Taiwan Semiconductor Manufacturing Company (TSMC) is the preeminent chip manufacturer in the world today, acting as the contract manufacturer for some of the largest companies in the industry.

The industry is an oligopoly with only three large players, and TSMC is the best in the business. There is increasing demand for chips as technology becomes more integrated into products such as autos. We are anticipating double-digit earnings growth from TSMC over the next several years. At the current valuation, these shares are compellingly cheap.
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