Published on 29 Sep 2024 on Insider Monkey · via Yahoo Finance
Taiwan Semiconductor Manufacturing Company (TSM): Positioned for 33% Upside...
We recently published a list of 10 Best Major Stocks to Invest In According to Analysts. In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company (NYSE:TSM) stands against the other best major stocks to invest in according to analysts.
The Post-Fed Rate Cut Opportunities
The current economic landscape presents a mix of signals as market participants assess the necessity of additional interest rate cuts. Despite overall economic strength, the Fed has hinted at potential rate reductions due to weaknesses in specific sectors. Currency dynamics are also shifting, with the US dollar weakening against the euro, adding another layer of complexity to the market environment. Amidst this backdrop, major stock indices, including the Dow Jones, continue to hover near record highs.