Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Texas Instruments Stock a Buy Now?

TheMotleyFool

0 0

Texas Instruments (NASDAQ: TXN) posted its first-quarter earnings report on April 26. The chipmaker's revenue rose 14% year over year to $4.91 billion, which beat analysts' estimates by $180 million. Its net income increased 26% to $2.20 billion, or $2.35 per share, which also cleared analysts' expectations by $0.18.

That earnings report was solid, but it barely moved Texas Instruments' (TI) stock, which remains down roughly 7% since the beginning of the year. Should patient investors buy this blue-chip tech stock as the bulls turn away?

Image source: Getty Images.

Source Fool.com

Like: 0

TXN

Share