Amazon and Taiwan Semiconductor: Two Stocks with Strong Growth Potential

Amazon’s cloud computing and advertising segments are driving impressive earnings growth. Taiwan Semiconductor’s leading position is hard to replace. With Amazon’s AWS generating 63% of operating profits from just 19% of sales, and its booming ad business, the company is a strong long-term investment. Taiwan Semi’s chip demand is soaring, with innovative technology and strong client relationships making it a solid buy-and-hold stock. 1. Stocks surged today as the Dow Jones Industrial Average closed up 500 points, reaching a new record high. This increase was driven by positive economic data and strong corporate earnings reports.

2. The unemployment rate dropped to 4.7% in the latest report, the lowest rate in over a decade. This decrease was attributed to job growth in various sectors, including technology, healthcare, and manufacturing.

3. The Federal Reserve announced plans to raise interest rates in response to the strong economic indicators. This decision is aimed at preventing inflation and maintaining a steady pace of growth in the economy.

Read more at Nasdaq: 2 Stocks to Buy Now and Hold Forever