$1000 Invested In This Stock 10 Years Ago Would Be Worth $7,300 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Taiwan Semiconductor (NYSE:TSM) has significantly outperformed the market, yielding an average annual return of 21.69%. A $1000 investment in TSM 10 years ago would now be worth $7,300. The company's current market capitalization stands at $709.53 billion.
March 20, 2024 | 2:01 pm
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POSITIVE IMPACT
Taiwan Semiconductor has demonstrated remarkable growth over the past 10 years, with a $1000 investment growing to $7300, reflecting an annual return of 21.69%.
The significant outperformance of Taiwan Semiconductor over the past decade, as highlighted by its 21.69% average annual return and the substantial growth of an initial $1000 investment to $7300, underscores the company's strong market position and potential for continued growth. This historical performance, coupled with its current market capitalization of $709.53 billion, suggests a positive outlook for TSM's stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100