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Texas Instruments rises even as Citi cuts estimates, noting 'deteriorating demand'

Jul. 13, 2022 7:49 AM ETTexas Instruments Incorporated (TXN)By: Chris Ciaccia, SA News Editor2 Comments

Texas Instruments Incorporated


Texas Instruments (NASDAQ:TXN) shares rose on Wednesday even as investment firm Citi cut its estimates on the semiconductor company, pointing out worries over deteriorating demand and rising inventories.

Analyst Christopher Danely, who rates Texas Instruments (TXN) shares

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Comments (2)

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TXN is one of the best income compounders out there.

As it generates large amounts of cash flow and returns a lot of it to shareholders.

And because of the cyclical nature of its analog chip business, the stock can have sizable corrections.

So the best time to invest is during a down cycle.

As you can get a high starting yield.

Which helps you grow your passive income very fast.
Thank you!

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