Texas Instruments Inc. (TXN): Today's Featured Technology 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 Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 0.1%. By the end of trading, Texas Instruments rose $0.42 (1.1%) to $39.18 on average volume. Throughout the day, 8,787,951 shares of Texas Instruments exchanged hands as compared to its average daily volume of 7,999,900 shares. The stock ranged in a price between $38.78-$39.35 after having opened the day at $38.98 as compared to the previous trading day's close of $38.76. Other companies within the Technology sector that increased today were:
(
), up 20.0%,
Daegis
(
DAEG
), up 17.4%,
(
), up 17.4% and
(
), up 16.6%.
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 $42.7 billion and is part of the electronics industry. Shares are up 24.9% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Texas Instruments a buy, 4 analysts rate it a sell, and 20 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, compelling growth in net income, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Texas Instruments Ratings Report.
On the negative front,
(
), down 27.3%,
(
), down 25.0%,
(
), down 21.4% and
(
), down 16.3% , were all laggards within the technology sector with
(
) being today's technology sector laggard.
- Use our technology section to find sector-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 technology sector could consider
(
) while those bearish on the technology sector could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
null