Texas Instruments Shows Rising Relative Price Performance; Still Shy Of Key Threshold

Texas Instruments (TXN) saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 69 to 72.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the trailing 52 weeks compares to all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their biggest runs. See if Texas Instruments can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Texas Instruments is building a flat base with a 194.34 entry. See if the stock can clear the breakout price in volume at least 40% above average.

Texas Instruments saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 51% to 78%. Revenue rose from 29% to 41%.

Texas Instruments holds the No. 8 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. Diodes (DIOD) and Chipmos Technologies (IMOS) are also among the group’s highest-rated stocks.


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