Is Taiwan Semiconductor Stock a Buy Before July?

Taiwan Semiconductor Manufacturing (NYSE: TSM) is due to report its second-quarter 2026 earnings in mid-July and its monthly revenue figures next week. With shares trading near the 52-week high, should investors consider buying now? The case for buying the stock is more than compelling. TSMC's first-quarter earnings were terrific. Revenue climbed over 35% year over year to $35.9 billion. The company's gross margin expanded to an impressive 66.2%, a sign of healthy pricing power for the chipmaker. The company anticipates full-year revenue growth of more than 30%. TSMC's market cap passed $2 trillion on June 4, yet its forward P/E ratio is still around 27, and the price-to-sales ratio is slightly above 17. I do not believe the stock is overvalued based on the company's outlook. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool