Is Texas Instruments Stock a Buy?
Texas Instruments (NASDAQ: TXN) designs, manufactures, and sells chips that are primarily used in the automotive, industrial, and personal electronics markets. Recently, its business has faced headwinds from the coronavirus pandemic, the U.S.-China trade war, and a downturn in the cyclical semiconductor industry.
Even so, it has managed to outperform the S&P 500 over the past one, five, and 10-year periods. More importantly, I think Texas Instruments will continue to beat the market over the next decade.
As the market-leading producer of analog chips and embedded processors, those two segments accounted for 75% and 18%, respectively, of Texas Instruments' total revenue last year.
Source Fool.com
