The technology sector closed the day down 1.7%. Zoom Technologies Inc ( ZOOM), Pansoft Company ( PSOF), IPG Photonics Corporation ( IPGP), and Meade Instruments Corporation ( MEAD) were all winners today within the technology sector with Texas Instruments Inc ( TXN) being today's featured technology winner. Texas Instruments Inc rose 63 cents (2.2%) to $28.95 on average volume. Throughout the day, 17.7 million shares of Texas Instruments Inc exchanged hands as compared to its average daily volume of 14.1 million shares. Texas Instruments Incorporated engages in the design and sale of semiconductors to electronics designers and manufacturers worldwide. Texas Instruments Inc has a market cap of $32.6 billion and is part of the electronics industry. The company has a P/E ratio of 10.9, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 12.9% year to date as of the close of trading on Thursday. TheStreet Ratings rates Texas Instruments as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
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