The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.71%. US stock indexes today are moderately higher. Some positive corporate news is boosting stocks...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. US stock indexes today are moderately higher as they recover some of Thursday’s losses....
For Immediate ReleaseChicago, IL – May 24, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financ
The S&P 500 (SNPINDEX: ^GSPC) market index is weighted by market cap. Companies with larger total market values contribute more to the index score.As a result, the largest American stocks carry the most weight among the S&P 500's members. You probably know all about the t
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an
Microsoft (NASDAQ: MSFT) unveiled a new lineup of artificial intelligence (AI) powered personal computers (PCs) it is calling Copilot Plus PCs. It is teaming up with a number of manufacturing partners, including Acer, Asus, Dell, HP, Lenovo, and Samsung and is looking to sell 50
Warren Buffett is one of the most closely monitored investors in the world. Whenever the billionaire buys or sells a stock, it makes headlines around the global financial community.
The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) was launched on 09/17/2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
For nearly 60 years, Warren Buffett has been dazzling Wall Street with his investing prowess. Whereas the widely followed S&P 500 has delivered a hearty total return (including dividends paid) of around 34,700% since the Oracle of Omaha became CEO of Berkshire Hathaway (NYSE:
The NASDAQ 100 After Hours Indicator is down -18 to 18,605.39. The total After hours volume is currently 107,746,892 shares traded.The following are the most active stocks for the after hours session: Vanguard Total International Stock ETF (VXUS) is unchanged at $61.15, with 7,8
Nvidia NVDA shares are up over +10% in today’s trading session after reporting its Q1 results Wednesday evening and posting another quarter of exponential growth. Furthermore, there is still an abundance of reasons to buy the
Berkshire Hathaway has underperformed the S&P 500 Index in 3 out of the last 6 years. Has Warren Buffett lost his 'magic touch' for investing, or is something else driving the underperformance?
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Apple Inc (Symbol: AAPL), where a total volume of 687,630 contracts has been traded thus far today, a contract volume which is representative of approximately 68
Thursday, May 23, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Mastercard Incorporated (M
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an
There are many stocks that you can invest in for the long haul and effectively forget about. These are businesses with robust financials, strong growth prospects, and a lot of stability for investors. They are what you would consider to be blue chip stocks.
Apple (NASDAQ: AAPL) is still Warren Buffett's biggest stock holding within Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), but the stake just got a lot smaller. Buffett is selling over 1 million shares per day on average, and Travis Hoium dug into why that might be in the video
Taiwan Semiconductor Manufacturing (
NYSE:TSM
) stock gained about 3% at the time of writing. The upside comes after the Taiwanese contract chipmaker said it expects revenues for the global semiconductor industry to grow by 10% in 2024. The company anticipates that opportunities in the
artificial intelligence (AI) space will support sales growth.
Furthermore, TSMC plans to boost its chip-on-wafer-on-substrate (CoWoS) production capacity at a CAGR (compound annual growth rate) of over 60% until at least 2026. Investors should note that CoWoS is an advanced packaging technology for high-performance computing (HPC) and AI components.
Analysts Upbeat About TSM’s Growth Prospects
According to the TipRanks Stock Analysis tool, “
Bulls Say, Bears Say,” analysts bullish on TSM believe that expectations of 50% AI revenue CAGR until 2028 and AI accounting for 20% of TSMC’s revenue, reflect significant growth prospects for the company.
Furthermore, on May 22, Needham analyst Charles Shi reiterated his Buy rating on TSMC stock with a price target of $168, suggesting a 7.59% upside potential. Shi ranks among the top 1% of
Street stock experts. (To watch Shi’s track record,
click here.)
The analyst is bullish about the company’s growth prospects. He noted that TSM’s plans to expand production capacity will help the company meet the growing demand for its semiconductor products.
Will TSM Stock Go Up?
The company’s ties with high-profile clients such as Apple (
AAPL
) and Nvidia (
NVDA
), along with its efforts to meet the rising AI demand, are encouraging.
Overall, the stock has a Strong Buy consensus rating on TipRanks. This is based on 11 unanimous Buy recommendations.
Analysts’ average price target on TSM stock of $163.11 implies 4.46% upside potential.
Shares of the company have gained about 61% over the past six months.
Importantly, the stock has a Smart Score of “Perfect 10” on TipRanks. Stocks with the perfect Smart Score have historically outperformed the S&P 500 Index (
SPX
) by a wide margin.
Disclosure
TipRanks
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17 minutes 34 seconds ago
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