Texas Instruments (NASDAQ: TXN) is often considered a safe long-term investment for conservative investors. Instead of developing expensive cutting-edge chips, TI only produces cheaper (albeit essential) analog and embedded chips for the automotive, industrial, personal electronics, communications infrastructure, and enterprise hardware markets.

Pumping out large quantities of those cheaper chips enabled TI to generate plenty of cash for big buybacks and dividends. That's how it reduced its share count by 48% over the past 20 years while raising its dividend annually for 19 consecutive years. Its stock has risen nearly 1,000% over the past 20 years and generated a total return of more than 1,500%.

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Source Fool.com