Free Trial

7 Semiconductor Stocks Set to Gain From the Chip Shortage - 2 of 7

 
 

#2 - Texas Instruments (NASDAQ:TXN)

The automotive sector is one sector suffering from a disrupted supply chain. That is just one of the sectors serviced by Texas Instruments (NASDAQ:TXN). The company is best known as “the calculator company.” But it’s far more than that. Texas Instruments has a market cap of just over $160 billion as of this writing.

If you believe in the axiom that share price follows earnings (and you should), then you will want to pay attention to TXN stock. The company has delivered an average of 18% earnings per share (EPS) growth over the last three years. So it shouldn’t be a huge surprise that TXN stock is up over 55% in that same time period. And the stock is up so far about 8% in 2021.

And for those investors who like to buy companies that have a high amount of insider buying, Texas Instruments checks that box as well. Insiders have a stake in the company that is worth over $200 million.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products. Read More 
Current Price
$198.00
Consensus Rating
Hold
Ratings Breakdown
9 Buy Ratings, 12 Hold Ratings, 2 Sell Ratings.
Consensus Price Target
$210.05 (6.1% Upside)

 

Buffett Dumps $982 Million in BofA Stock—What Does He Know? (Ad)

Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.

Get your FREE, no-obligation Wealth Protection Guide now