Texas Instruments Inc. (TXN): Today's Featured Electronics Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 0.1%. By the end of trading, Texas Instruments rose $1.51 (4.0%) to $38.93 on heavy volume. Throughout the day, 21,604,978 shares of Texas Instruments exchanged hands as compared to its average daily volume of 8,193,700 shares. The stock ranged in a price between $38.58-$39.74 after having opened the day at $38.65 as compared to the previous trading day's close of $37.42. Other companies within the Electronics industry that increased today were:
(
), up 22.5%,
(
), up 9.9%,
(
), up 8.5% and
(
), up 8.0%.
Texas Instruments Incorporated engages in the design, manufacture, sale of semiconductors to electronics designers and manufacturers worldwide. The company operates in four segments: Analog, Embedded Processing, Wireless, and Other. Texas Instruments has a market cap of $41.3 billion and is part of the technology sector. Shares are up 20.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Texas Instruments a buy, 5 analysts rate it a sell, and 19 rate it a hold.
TheStreet Ratings rates
Texas Instruments
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, notable return on equity, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Texas Instruments Ratings Report.
On the negative front,
(
), down 9.9%,
(
), down 8.0%,
(
), down 7.3% and
(
), down 6.2% , were all laggards within the electronics industry with
(
) being today's electronics industry laggard.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
iShares Dow Jones US Technology
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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