Texas Instruments Inc. (TXN): Today's Featured Electronics Winner
(
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.9%. By the end of trading, Texas Instruments rose 42 cents (1.4%) to $29.36 on light volume. Throughout the day, 6.3 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.9 million shares. The stock ranged in a price between $28.99-$29.39 after having opened the day at $29.13 as compared to the previous trading day's close of $28.94. Other companies within the Electronics industry that increased today were:
(
), up 110.6%,
(
), up 55.4%,
(
), up 18.8%, and
TheStreet Recommends
(
), up 10.4%.
Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $33.12 billion and is part of the
sector. The company has a P/E ratio of 18.7, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 0.6% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Texas Instruments a buy, two analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates Texas Instruments as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Texas Instruments Ratings Report.
On the negative front,
(
), down 19.2%,
(
), down 14%,
(
), down 10.2%, and
(
), down 9.8%, were all losers within the electronics industry with
(
) being today's electronics industry loser.
- 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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