Bank of America Securities Reiterates Buy Rating on Taiwan Semiconductor Manufacturing (TSM) Stock
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Best Wide Moat Stocks to Buy Right Now. The company’s wide moat stems from cost advantage and intangible assets. On October 7, Bank of America Securities analyst Robert Cheng reiterated a “Buy” rating on the company’s stock, setting a price objective of $330.00. The analyst’s rating is backed by a combination of factors demonstrating Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s strong future prospects. The analys ...