$Taiwan Semiconductor Manufacturing(TSM)$
Semiconductors are undeniably the most important sector of the economy for the next few years. I have no idea who the winners will be. Right now the market believes it’s Nvidia, but AMD and Broadcom were behind but are quickly catching up. Amazon, Google and Apple are all designing their own custom chips. Regardless of who wins EVERYONE is going to get their chips manufactured by TSM. It trades at a 19x FPE and the company is growing earnings at 40% YoY and sales at 25% YoY.
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