Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole was unchanged today. By the end of trading, Texas Instruments rose 43 cents (1.6%) to $28.13 on average volume. Throughout the day, 9.2 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 8.8 million shares. The stock ranged in a price between $27.87-$28.20 after having opened the day at $28 as compared to the previous trading day's close of $27.70. Other companies within the Technology sector that increased today were:
), up 27.6%,
), up 23.1%,
), up 18.7%, and
), up 18.1%.
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Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments has a market cap of $31.68 billion and is part of the electronics industry. The company has a P/E ratio of 20.3, above the average electronics industry P/E ratio of 18.2 and above the S&P 500 P/E ratio of 17.7. Shares are down 4.8% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Texas Instruments a buy, four 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 good cash flow from operations, 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 18.5%,
), down 15.6%,
), down 15.3%, and
), down 14.3%, 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
- Find other investment ideas from our top rated ETFs lists.
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