2 Unstoppable Growth Stocks That Could Soar 20% and 26% in 2026, According to Wall Street Analysts
Taiwan Semiconductor Manufacturing and ASML Holding are two growth stocks expected to soar 20% and potentially more by 2026, according to Wall Street analysts. Taiwan Semiconductor posted a 35% year-over-year revenue increase in Q1, while ASML Holding boosted its revenue guidance due to higher demand.
Taiwan Semiconductor Manufacturing and ASML Holding are considered unstoppable growth stocks. Taiwan Semiconductor, the leading semiconductor foundry, posted excellent Q1 earnings with revenue up 35% year over year and 8% from the previous quarter. The company anticipates 9% to 11% sequential revenue growth in Q2. Analysts expect 20% upside for the stock over the next year. ASML Holding, which makes lithography machines for semiconductor companies, reported a 13% year-over-year revenue increase in Q1 and boosted its revenue guidance. TSMC announced it will delay buying ASML's next-generation machines until 2029.
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