Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money.

2 hours ago 2
  • TSMC stock's net maturation could beryllium amended than what the marketplace is anticipating for the adjacent mates of years, mounting the banal up for perchance market-beating returns.

  • Micron Technology is importantly undervalued, considering the awesome maturation it has been experiencing, suggesting that it tin perchance skyrocket further.

  • 10 stocks we similar amended than Micron Technology ›

One of the champion ways to marque wealth successful the banal marketplace is by buying and holding coagulated companies that capitalize connected fast-growing trends, enabling them to present above-average net maturation compared to the broader market. The quality of these maturation stocks to timepiece faster top- and bottom-line maturation compared to different companies typically leads to beardown gains connected the banal market.

So, if you've $1,000 successful investible currency aft gathering your expenses, clearing high-interest debt, and redeeming capable for hard times, it whitethorn beryllium a bully thought to enactment that wealth into maturation stocks susceptible of delivering outsized returns. Let's instrumentality a look astatine 2 worthy candidates close now.

Micron Technology gathering  connected  a cloudy evening.

Image source: Micron Technology.

The semiconductor manufacture has been increasing astatine a accelerated gait successful caller years, chiefly driven by expanding request for chips utilized successful assorted artificial quality (AI) applications. Bank of America estimates that the semiconductor industry's gross could surge by 25% successful 2026 to astir $1 trillion, driven by a 50% surge successful the request for AI chips.

Taiwan Semiconductor Manufacturing (NYSE: TSM) is going to beryllium a large beneficiary of the secular maturation successful the semiconductor industry. After all, it is the world's largest declaration shaper of chips, churning retired processors for large names specified arsenic Apple, Nvidia, Advanced Micro Devices, Broadcom, Qualcomm, and others. As it turns out, TSMC serves much than 500 customers and manufactures adjacent to 12,000 types of chips.

This monolithic lawsuit basal explains wherefore it is the astir ascendant subordinate successful the planetary foundry market, with a stock of 72% successful the 3rd 4th of 2025, up from 66% successful the year-ago period, according to Counterpoint Research. This immense stock is the crushed wherefore TSMC's gross and net person been increasing astatine a bully clip successful caller years.

TSM EPS Diluted (TTM) Chart

TSM EPS Diluted (TTM) information by YCharts

The maturation imaginable of the semiconductor marketplace successful 2026, arsenic good arsenic successful the agelong run, suggests that TSMC tin prolong its steadfast maturation momentum for a agelong time. TSMC delivered an estimated 49% leap successful net successful 2025 to $10.46 per share, outpacing the S&P 500's mean net maturation of 16%. Importantly, the company's net are estimated to proceed increasing astatine 20%-plus rates successful 2026 and 2027.

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