Trailing PE is based on the previous 4 quarters, Forward PE is based on the next 4 quarters. Trailing EPS is $5.59, and I estimate Forward EPS to be $7.80, which would put TSM’s 3Q23 price at $120 (based on TTM PE of 15), or $156 (based on TTM PE of 20).

TSM's current price is only 56% of its 52WH, and once 3nm hits the streets (1Q23), I suspect within FY23 it'll make new highs. Good Luck To All.

$Taiwan Semiconductor Manufacturing(TSM)$

# US Stocks Opportunities

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