Will Taiwan Semiconductor Be a $2 Trillion Stock by 2030?

Taiwan Semiconductor Manufacturing (NYSE: TSM) is currently a $1.14 trillion stock. So, for it to reach $2 trillion by 2030, it would need to rise by 75% over the next five years, delivering an 11% compound annual growth rate (CAGR).If you throw in Taiwan Semiconductor's 1% dividend yield, that means the stock would deliver about 12% returns over the next five years should TSMC (for short) rise to become a $2 trillion company. That's market-beating growth, which is exactly what many investors seek. So, is this a realistic time frame? I think it is, but there are also signs that this would be a relatively slow growth rate compared to what management is projecting.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool