This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Chip Stocks JPMorgan Likes

Texas Instruments

Texas Instruments makes chips for a wide array of electronic devices, including the iPhone, iPad and other mobile electronics. Shares have gained 14.68% year-to-date.

J.P. Morgan believes the chipmaker offers more upside than Intel or even Advanced Micro Devices (AMD), as it has more leverage, which could lead to upside from the consensus estimates. J.P. Morgan rates Texas Instruments shares "overweight" with a $39 price target.

Analysts polled by Thomson Reuters expect Texas Instruments to report $3.06 billion in revenue and 29 cents per share for the first-quarter. The company, however, recently cut first-quarter guidance, saying it still sees a reduction in demand for its wireless products. Texas Instruments' first-quarter outlook is now 15 cents to 19 cents per share on a revenue range of $2.99 billion to $3.11 billion. The Dallas-based firm had previously projected earnings of 16 cents to 24 cents per share on a revenue range of $3.02 billion to $3.28 billion.

TheStreet Ratings rates Texas Instruments "buy" with a B+ grade and a price target of $38.61.

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG
ADI $61.65 -0.19%
INTC $32.22 -1.29%
ONNN $11.56 -0.26%
TXN $53.71 -0.56%
XLNX $43.17 -0.86%

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs