Long term target $375-$450 target in 1 year's time
$Taiwan Semiconductor Manufacturing(TSM)$
My prediction for the quarterly report on the 18th...
1. sales revenue increase+20% for quarter
2. net income +35%
3. profit margin improvement to 45%
4. guidance of increasing sales to +30% for the next 6 quarters due to the increasing 1 year back log...
I think it'll be a blockbuster quarter report that announces a new 2 year cycle for demand in semiconductors thru 2025 because of the high demand by companies adopting AI onto their platforms. I literally mean 2/3 of the fortune 500 companies embarking on this new path...
short term target $175 on the report and guidance.
long term target $375-$450 target in 1 year's time.
Laugh Laughing GIF
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
