Is TSM a good buy?


Tsm looks fairly valued to me at the moment with a peg ratio of 1 and over 20% earnings growth each year over the past five years and they’re a industry leader with over 50% market share in a booming industry. They’re well financed with a good balance sheet and aren’t afraid to use capital to drive innovation and are typically successful. Not to mention the backing of the us government. Is there something I’m missing?


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