10 Jim Cramer Stocks with Huge Upside Potential

5. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) 

Average Price Target Upside: 25.71%

Number of Hedge Fund Holders: 186

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was mentioned during April 24’s episode as Cramer remarked:

“Taiwan Semiconductor is so low. I have to tell you… Look, I have tremendous conviction that it’s very difficult to politically… say that we will protect Taiwan Semi. I will say this, that is one of the greatest manufacturers in the world, and anybody who thinks that Taiwan Semi should be this low, this cheap is just not a believer in AI, and I am a believer in AI. There we go.”

Taiwan Semiconductor Manufacturing (NYSE:TSM) manages the production, packaging, testing, and sales of integrated circuits and other semiconductor products. On April 21, Barclays analyst Simon Coles cut the price target on TSM to $215 from $255 and kept an Overweight rating on the stock.

The analyst mentioned that Taiwan Semiconductor Manufacturing (NYSE:TSM) shares already reflect a potential slowdown and now seem more appealing. The firm noted that fiscal 2025 guidance was unchanged, suggesting a softer second half, which it sees as reasonable.