Looking for stocks that offer a clear path to market-beating returns? Look no further than Taiwan Semiconductor Manufacturing (TSM) and Uber Technologies (UBER). These two companies are poised for great returns over the next few years, with catalysts in place to drive their share prices higher.
TSM is a leading chip foundry, with a strong competitive moat and a lucrative position in the market. The company’s commitment to quality chip production has attracted business from major semiconductor companies like Nvidia and Advanced Micro Devices. With demand for AI chips on the rise, TSM is well-positioned for growth in the data center market. The company’s earnings per share are projected to grow at an annualized rate of 22%, offering investors the potential for market-beating returns.
On the other hand, Uber has emerged as a force in the global transportation market, with over 7 million drivers and couriers on its platform. The company is seeing double-digit growth in key metrics like trips, monthly active customers, and revenue. With a recent shift towards profitability, Uber is on track for strong growth in the coming years. The Wall Street consensus projects the company’s earnings to grow at an annualized rate of 45%, making it a promising investment opportunity.
Both TSM and Uber offer above-average growth prospects at reasonable valuations, making them attractive options for investors looking to outperform the market. With strong catalysts in place and a track record of success, these stocks are worth considering for your investment portfolio.
