If I Could Only Buy and Hold a Single Stock, This Would Be It.

Choosing a single stock to buy and hold isn't an easy task. So many factors come into play, such as company longevity, innovation, and competition. Furthermore, you also want to ensure that the company is exposed to some of the biggest growth trends in the market. Otherwise, you could get left in the dust.After debating with myself for a bit, I reached a conclusion about what stock I would buy and hold if I were limited to just one: Taiwan Semiconductor (NYSE: TSM). This is one of the most important companies on Earth, and it checks nearly every box needed to be the sole stock I buy and hold.Taiwan Semiconductor is a chip fabricator. However, it doesn't market any proprietary designs. Instead, it acts as a manufacturing facility for all of its clients, where they design the chip and TSMC produces it.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool