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Taiwan Semi’s stock fetches upgrade with worst-case earnings scenario already baked in

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Investors are already planning for a worst-case earnings scenario for TSMC, and that makes its stock worth another look, according to one analyst.

Investors are already baking in the “worst-case earnings scenario” for Taiwan Semiconductor Manufacturing Co. Ltd., and that makes its stock worth another look, according to one analyst.

While... Investors are already baking in the “worst-case earnings scenario” for Taiwan Semiconductor Manufacturing Co. Ltd., and that makes its stock worth another look, according to one analyst. While Hosseini expects that TSMC will lower its full-year revenue forecast and give a second-quarter outlook that’s below the consensus view, he has a better feeling about the second half of the year.

 

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Source: Utoday_en - 🏆 295. / 63 Read more »