Here's what makes Stanley Black & Decker (NYSE: SWK), Taiwan Semiconductor (NYSE: TSM), and Royal Gold (NASDAQ: RGLD) all great buys now. TSM data by YCharts The stock is also down around 20% from its all-time intraday high of over $142 a share set on Feb. 16, 2021. Despite cracks in the real economy, such as supply chain concerns, inflation, and other risks, Wall Street continues to take an optimistic approach by focusing on the long-term potential of many leading companies.