India, Feb. 25 -- Investors looking to put a modest sum to work in the stock market may still find opportunities despite equities trading near record highs. According to an analysis published by The Motley Fool, two market leaders, Taiwan Semiconductor Manufacturing (TSMC) and Meta Platforms, stand out as growth stocks with strong competitive advantages and exposure to long-term technology trends.

TSMC is widely viewed as a cornerstone of the artificial intelligence infrastructure boom. The company manufactures advanced semiconductors used in graphics processing units (GPUs) and other high-performance chips that power AI systems.

Industry competitors have struggled to produce cutting-edge chips at scale with high yields, giving TSMC a n...