TLDR
- Taiwan Semiconductor Manufacturing Company (TSM) stock receives 1.42 average brokerage rating from Wall Street analysts with 75% Strong Buy recommendations
- TSM stock price gains 0.79% as Jim Cramer calls the chipmaker a “national treasure” with superior financial position
- Zacks Rank assigns TSM stock a Hold rating while earnings estimates remain stable at $9.83 per share for current year
- TSM stock benefits from advanced chip manufacturing capabilities serving Apple, NVIDIA, and AMD as key clients
- Wall Street analysts expect TSM stock could have risen more following Oracle’s quarterly earnings report
Taiwan Semiconductor Manufacturing Company stock attracts strong Wall Street support with 75% of analysts issuing Strong Buy ratings. The TSM stock price gained 0.79% Monday while CNBC’s Jim Cramer praised the company’s financial strength.
Nine out of 12 Wall Street analysts covering TSM stock recommend Strong Buy positions. One additional analyst rates the semiconductor stock as a Buy recommendation.
The average brokerage recommendation sits at 1.42 on a five-point scale. This TSM stock rating falls between Strong Buy and Buy categories.
TSM Stock Gets Cramer Endorsement
Jim Cramer called Taiwan Semiconductor Manufacturing Company a “national treasure” during recent market commentary. The CNBC host highlighted TSM stock’s superior balance sheet compared to government entities.
Cramer stated TSM’s financial position exceeds that of the US government. He emphasized the company doesn’t require additional funding for current operations.
The TV host believed TSM stock should have gained more after Oracle’s earnings report. He noted Taiwan Semiconductor was positioned to benefit but didn’t rise as expected.
TSM stock serves as the backbone for major technology companies. Apple, NVIDIA, and AMD rely on Taiwan Semiconductor for advanced chip manufacturing needs.
Earnings Estimates Hold Steady
Zacks Research assigns TSM stock a Hold rating despite Wall Street optimism. The rating reflects unchanged earnings estimates over the past month.
Analysts maintain their $9.83 per share earnings forecast for the current year. This stable projection indicates consistent business expectations for TSM stock.
The Zacks Consensus Estimate for TSM stock hasn’t moved in recent weeks. Analysts show steady confidence in the company’s earnings potential.
Taiwan Semiconductor operates one of only two facilities capable of advanced 2-nanometer chip production. Samsung represents the other major competitor with similar manufacturing capabilities.
Advanced Manufacturing Drives TSM Stock Value
TSM stock benefits from the company’s technological leadership in semiconductor manufacturing. Few competitors can match Taiwan Semiconductor’s production scale and technical expertise.
The company maintains high yields on advanced chip production for external customers. This manufacturing edge provides TSM stock with competitive advantages.
Taiwan Semiconductor’s client relationships span the technology sector. Major companies depend on the chipmaker for smartphone processors and AI system components.
TSM stock trading reflects investor confidence in the company’s market position. Wall Street sees value in Taiwan Semiconductor’s customer base and manufacturing capabilities.
