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.

Texas Instruments ( TXN) 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: Marketo ( MKTO), up 20.0%, Daegis ( DAEG), up 17.4%, Edgewater Technology ( EDGW), up 17.4% and ChinaNet Online Holdings ( CNET), 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 buy. 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.

On the negative front, MERU Networks ( MERU), down 27.3%, SatCon Technology Corporation ( SATC), down 25.0%, Jive Software ( JIVE), down 21.4% and Friendfinder Networks ( FFN), down 16.3% , were all laggards within the technology sector with Autodesk ( ADSK) being today's technology sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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