Previous close | 37.70 |
Open | 44.33 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 155.00 |
Expiry date | 2025-03-21 |
Day's range | 37.70 - 44.33 |
Contract range | N/A |
Volume | |
Open interest | N/A |
(Bloomberg) -- It has become one of the most popular — and more recently, painful — trades among arbitrageurs on Wall Street: buying Taiwan Semiconductor Manufacturing Co.’s lower-valued Taipei shares and shorting the US stock on hopes prices will converge.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Ea
Based on the average brokerage recommendation (ABR), TSMC (TSM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
TSMC (TSM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.