Texas Instruments May Not Look Cheap, But Its Future Looks Bright

Summary

  • Texas Instruments has a market-beating dividend and aggressive buyback program with consistent dividend growth and a high dividend yield.
  • The company is expected to encounter two years of negative EPS growth, but its long-term growth drivers in the automotive and industrial sectors remain strong.
  • Texas Instruments maintains a competitive edge through its best-in-class manufacturing technology, broad product portfolio, and focus on direct sales.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT® on Alpha. Learn More »
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Introduction

The market has run hot, which allowed the S&P 500 to return more than 25% over the past 12 months. The tech-heavy ETF (QQQ) returned more than 50% during this period.

Dividend growth stocks, as represented by the Vanguard Dividend

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This article was written by

42.89K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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