Previous close | 5.85 |
Open | 5.90 |
Bid | 3.40 |
Ask | 6.25 |
Strike | 115.00 |
Expiry date | 2025-01-17 |
Day's range | 5.80 - 5.90 |
Contract range | N/A |
Volume | |
Open interest | 263 |
Texas Instruments (NASDAQ: TXN) and Broadcom (NASDAQ: AVGO) both outperformed the market in 2022 as many other semiconductor stocks withered. Over the past 12 months, the S&P 500 declined 8% and the Philadelphia Semiconductor Index fell 11% -- yet TI's stock only dipped 1% as Broadcom's stock advanced 6%. TI and Broadcom held steady for similar reasons: They were well diversified across a wide range of sectors; had limited exposure to the post-pandemic slowdown of the PC market, which hurt many other chipmakers; and they generated plenty of cash for big buybacks and dividends.
In today's video, Jose Najarro, Nick Rossolillo, and Billy Duberstein discuss Texas Instruments' (NASDAQ: TXN) earnings and some of the headwinds it may face in the upcoming quarters. Nick believes that there might be a misrepresentation of the bullish thesis for this company.
Investors are able to ride a multidecade trend with strong capital allocators at the helm in Texas Instruments stock.