2. As of noon trading, Texas Instruments ( TXN) is down $0.32 (-0.9%) to $36.72 on average volume Thus far, 5.1 million shares of Texas Instruments exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $36.57-$37.03 after having opened the day at $36.92 as compared to the previous trading day's close of $37.04.

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 $41.0 billion and is part of the technology sector. The company has a P/E ratio of 23.0, above the S&P 500 P/E ratio of 17.7. Shares are up 19.8% year to date as of the close of trading on Friday.

TheStreet Ratings rates Texas Instruments as a buy. 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. Get the full Texas Instruments Ratings Report now.

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