3 Reasons Taiwan Semiconductor Is a Must-Buy for Long-Term Investors

The recent market sell-off has created some nice bargains in the market. One stock that looks particularly attractive is Taiwan Semiconductor Manufacturing (NYSE: TSM), or TSMC for short. The stock is down more than 20% from its recent peak as of this writing.Let's look at three reasons why TSMC is must-buy for long-term investors.As the world's largest contract manufacturer of semiconductors, TSMC is an integral part of the industry's value chain. Today, most semiconductor companies don't manufacture their own chips; instead they outsource the manufacturing to third parties like TSMC. There are a few reasons for this.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool