Better Buy: Qualcomm Inc vs. Texas Instruments
Chipmakers Qualcomm (NASDAQ: QCOM) and Texas Instruments (NASDAQ: TXN) went down two very different paths in 2017. Qualcomm took investors on a roller-coaster ride, starting the year in the high $60s, then dropping to the high $40s, then rebounding for an anemic year-to-date gain of 4%. Texas Instruments steadily rose with a 34% gain and outperformed the NASDAQ's 28% rally.
I compared these two chipmakers last October and concluded that Qualcomm's lower valuation, higher dividend, and expansion into adjacent markets made it a better investment than TI. I was clearly wrong, since I didn't expect a barrage of probes and lawsuits to derail Qualcomm's growth over the past year. But is TI still the better choice after its year-long rally?
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Source: Fool.com
Texas Instruments Inc. Stock
Our community is currently high on Texas Instruments Inc. with 23 Buy predictions and 9 Sell predictions.
However, we have a potential of -2.52% for Texas Instruments Inc. as the target price of 183 € is below the current price of 187.74 €.
