Is Trending Stock Taiwan Semiconductor Manufacturing Company Ltd. (TSM) a Buy Now?

TSMC (TSM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this chip company have returned +16.4% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Semiconductor - Circuit Foundry industry, to which TSMC belongs, has gained 19.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media rep ...