Why I'm Buying Texas Instruments Stock
Texas Instruments (NASDAQ: TXN) won me over. After putting the company on my watch list last month, I'm now buying shares of the company. The first detail that separated Texas Instruments from others in the chipmaking space was the company's strong shareholder focus.
Management has a clear policy of returning all free cash flow (cash from operations minus capital expenditures) back to shareholders in the form of dividends and share repurchases. On its investor relations site, the company notes it has retired 43% of its shares outstanding since 2004, the year Rich Templeton assumed the CEO role, and has increased its dividend for 14 consecutive years, most recently announcing a massive 24% dividend increase.
This has been a successful approach for Texas Instruments. In the last five years, Texas Instruments has provided investors a total return three times the S&P 500's return.
Source: Fool.com
Texas Instruments Inc. Stock
Currently there is a rather positive sentiment for Texas Instruments Inc. with 23 Buy predictions and 9 Sell predictions.
On the other hand, the target price of 183 € is below the current price of 188.34 € for Texas Instruments Inc., so the potential is actually -2.84%.
