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

While buying and holding a single stock in a portfolio is not great investment advice, it is an interesting exercise to determine your highest-conviction stock pick. The ideal stock would be a relatively safe company that has a strong chance of beating the market over the long term. After searching through my personal holdings, it's clear that one company fits the bill: Taiwan Semiconductor (NYSE: TSM).Taiwan Semiconductor is the world's leading contract chip manufacturer. It makes chips for companies that cannot produce them themselves, which is nearly every company. As a result, Taiwan Semi is tied to nearly every industry and trend. I think this makes for a compelling investment case, and it would be my only holding if I were forced to select a single stock.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool