Analyst Opinion On How To Bet On Taiwan Semiconductor Manufacturing Company Limited (TSM), New York REIT, Inc. (NYRT)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) recently saw its volume around 5.69 million shares and on average it trades 6.88 million shares a day. The opening price of $43.05, led it to gain 1.12% to reach $43.49 upon the closing bell.

Taiwan Semiconductor Manufacturing Company Limited (TSM) Analyst Opinion

Taiwan Semiconductor Manufacturing Company Limited has a consensus outperform rating from 5 Wall Street analysts, and the number of shares currently sold short amount to at least 0.43% of shares outstanding. The stock sank -4.31% last month and is up 9.68 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover TSM having a buy-equivalent rating. Analysts have placed a $42.65 price target on Taiwan Semiconductor Manufacturing Company Limited, suggesting a -1.93% decline from recent close. It’s currently trading about -6.61% below its 52-week high.

Taiwan Semiconductor Manufacturing Company Limited Earnings Surprise

Taiwan Semiconductor Manufacturing Company Limited (TSM) surprised the stock market in its last reported earnings when it earned $0.64 a piece versus the consensus-estimated $0.62. Its revenue totaled $9.23 billion up 10.69% from the previous quarter.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Intraday View

This stock (TSM) is ahead of its 52-week low with 42.4%. Its last month’s stock price volatility remained 2.03% which for the week stands at 2.47%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.17% and stays 1.89% away from its 50 days moving average. Over the last five days, shares have faced -2.07% losses and now is up 11.28% since hitting its 200-day moving average of $40.62. Taiwan Semiconductor Manufacturing Company Limited (TSM) has made its way to a 12-month gain of 40.97%.

Turning to New York REIT, Inc. (NYSE:NYRT), its shares were trading at $2.34 a gain of $0.06, on the trading floor. The stock, after opening at $2.26, touched a high of $2.37 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. New York REIT, Inc. has 0 buy ratings, 1 holds and 0 sells even after the stock tumbled -18.74% from its high of $2.88 to a $386.1 million market value through last close.

New York REIT, Inc. (NYSE:NYRT) Intraday Trading

The counter witnessed a trading volume of 2.66 million shares versus an average volume of 3.71 million shares during last trading session. Its last month’s stock price volatility remained 6.07% which for the week approaches 3.11%. The lowest price the stock reached in the last trading day was $2.25 and compares with the $1.91 52-week low. The stock recovered 22.56% since its low point and has performed 17.07% year-to-date.

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