1 Monster Opportunity Arises in the Global Chip Shortage
Texas Instruments (NASDAQ: TXN) is by no means the most exciting semiconductor company. But in tough times "boring" can be a good thing.
Texas Instruments (TI) was a standout performer during the global chip shortage over the last couple of years. Over the last decade, TI's total return -- which includes dividends paid -- was nearly 700%, as it benefited from a stock surge in 2020 and 2021.
A decade ago, this industrial technologist laid the groundwork for its leading position in automotive and industrial computing. Now, the chip shortage is beginning to ease, and TI's stock price has fallen in 2022 along with the rest of the semiconductor sector. However, with another decade of booming demand expected from its leading markets, this is a monster stock opportunity to take advantage of right now.
Source Fool.com
