11 Best Stocks You’ll Wish You Bought Sooner

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

Price Return Over 3 Years: 259.4%

Return On Equity: 31.0%

Potential Upside: 19.5%

Number of Hedge Fund Holders: 194

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is among the best stocks you’ll wish you bought sooner.

As of December 2, the semiconductor foundry giant TSMC is a consensus Buy with almost all the analysts covering it assigning a Buy or equivalent rating. It is not only the positive sentiment; analysts also expect the stock to rise by more than 21% from the current level, with a 1-year median price target of $355.

Corroborating the positive opinions, Bank of America Securities analyst Mike Yang reaffirmed his Buy rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) on November 17, along with a price target of $390. The analyst based his investment case on the company’s capabilities in advanced semiconductor technologies, particularly in 2nm expansion and high-end packaging, which should help it maintain its edge over competitors.

In his earlier note on November 10, Yang highlighted that Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) product backlog is supported by rising capital expenditure from large hyperscaler companies such as Google and Microsoft, which should underpin continued demand for cloud AI infrastructure into 2026.

More recently, the limelight was on Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) November 25^th lawsuit against a former senior vice president, Wei-Jen Lo, who had worked with the company for 21 years before joining Intel in July this year. The lawsuit alleged that “There is a high probability that Lo uses, leaks, discloses, delivers, or transfers TSMC’s trade secrets and confidential information to Intel.”

While this development put pressure on the stock price, Intel’s management denied the leak and had earlier told Bloomberg News that the “company respects intellectual property rights.”

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is the world’s largest contract semiconductor manufacturer, specializing in advanced logic chips for leading technology companies.