2024-07-14 01:26:51 ET
Summary
- Texas Instruments has outpaced the S&P 500 with a 20% return since April, showcasing its strong capital allocation and robust dividend growth.
- Despite lagging peers post-pandemic due to AI trade and high CapEx, TXN’s strategic investments in automation and electrification are set to pay off.
- Looking ahead, TXN aims for substantial revenue growth with new facilities like RFAB2 and LFAB1, positioning itself for long-term market leadership and profitability.
Introduction
To use the words of famous rapper Eminem: " Guess who's back, back again? "
Texas Instruments ( TXN ) is who's back.
Since my most recent article on April 10, titled "Dividend Investors Take Note: Unlocking Texas-Sized Returns With Texas Instruments," the stock has returned 20%, beating the 9% return of the S&P 500 by a substantial margin.
Over the past ten years, the Texas-based company has returned 436%. While that is a phenomenal number, it underperformed the iShares Semiconductor ETF's ( SOXX ) 902% return by a huge margin....
Read the full article on Seeking Alpha
For further details see:
Up, Up, And Away - Why I See Much More Potential In Texas Instruments