Is Texas Instruments Stock a Buy Now?

Texas Instruments (NASDAQ: TXN) impressed investors with a solid fourth-quarter earnings report on Jan. 25. The diversified chipmaker's revenue rose 19% year over year to $4.83 billion, beating estimates by $400 million. Its net income increased 27% to $2.14 billion, while its earnings per share (EPS) improved 26% to $2.27 and topped expectations by $0.33.

TI's headline numbers look healthy, but is it safe to buy its stock as rising interest rates rattle the tech sector? Let's dig deeper to find out.

Image source: Getty Images.

Continue reading

Source Fool.com