Two Stocks for the Long Haul (So it goes)

by

People ask me about forever stocks. As if anything truly lasts forever. But alright. Let’s talk about two companies that might outlive us all, or at least a good chunk of us. They’re not perfect, of course. Nothing is. But they have a certain…momentum. A sort of inevitability. It’s a comforting thought, isn’t it? To believe in something that keeps going, even when we’re gone.

I’m looking at Alphabet (GOOG 0.85%) (GOOGL 0.80%) and Taiwan Semiconductor Manufacturing (TSM +0.25%). They’re both doing things that seem…necessary. Like air and water. And they’re both making a lot of money doing it. Which, let’s be honest, is the whole point, isn’t it?

1. Alphabet

Alphabet. They own Google. YouTube. A bunch of other things you probably use every day without even thinking about it. They mostly make money by showing you ads. It’s a simple business, really. They figure out what you want, and then they show you pictures of it. Or videos. It’s remarkably effective. And now, they’re messing around with artificial intelligence. Generative AI, they call it. It’s supposed to make Google even more…helpful. Or at least, that’s what they say.

They stumbled a bit at the start, but they’re catching up. They always do. They have the resources. They have the smart people. They have the…persistence. It’s a little scary, really, how much power they wield. But what can you do? It’s the way of things.

Loading widget...

Their cloud computing business, Google Cloud, is also doing well. It’s one of the big three, along with Amazon and Microsoft. They’re all competing to store your data and run your applications. It’s a bit like a digital land grab. And Google, naturally, wants its share. Gemini, their AI model, is supposed to give them an edge. It’s all very complicated. But the bottom line is, they’re making progress. And that’s what matters. They’re a relevant force, and that’s a rare thing these days. So it goes.

Alphabet will probably keep growing. They’ll find new ways to make money. They’ll adapt to whatever comes next. They’re a pretty resilient bunch. And that’s why I think they’re a good investment. A breakthrough position, even. Though, of course, there are no guarantees. There never are.

2. Taiwan Semiconductor

Taiwan Semiconductor. They make the chips that power everything. Your phone. Your computer. Your car. Everything. They’re the most important chipmaker in the world. And they’re pretty much the only one that can make the really advanced stuff. It’s a scary amount of power, when you think about it. But somebody has to do it.

They’re constantly innovating. Launching new chip technologies. Making things smaller, faster, more efficient. Their next-generation 2-nanometer chip is already in production. It uses less power. It’s more efficient. It’s…better. It’s a relentless pursuit of improvement. And it’s kind of beautiful, in a way.

Loading widget...

Without Taiwan Semiconductor, the world would look very different. Technology would be slower. Less advanced. Less…magical. An investment in Taiwan Semiconductor is a bet on the future. A bet that we’re going to keep using more and more advanced chips. It seems like a pretty safe bet to me. So it goes.

There’s a catch, of course. Taiwan is a bit of a geopolitical hotspot. China claims it as its own. There’s always the risk of conflict. It’s a scary thought. But what can you do? The world is a scary place. They’re building factories in other countries – the U.S., Japan, Germany – to diversify. It’s a smart move. But it doesn’t eliminate the risk entirely.

Still, I think Taiwan Semiconductor is a good investment. There are too many tailwinds blowing in its favor to ignore. It’s a winner. A big winner. And sometimes, you just have to take a leap of faith. Even when the world is falling apart. So it goes.

Read More

2026-01-20 02:22