Texas Instruments, Inc. (NASDAQ:TXN)

TXN seems to be lagging behind many of the other techs however, long term, I think TXN will break out and beat the S

Just because...personal knowledge

good p/e for blue chip, paying dividends for decades, high patent filer in India, global company, integrated chips suitable for cheaper phones for developing world.

DLP cheap and sharp carry thru 09, RFID the coming storm

Long term prospects good. Financials are on a really solid base...

It just sits at $30.

Good old ross perot should once again be in the spot light

oversold

best in class

Great value. Inventory problem is clearing up and should be gone by second half of 2007. Very well positioned to take advantage of the 3G evolution

txn and mot have a thing.

Look for sustained growth mid to long term. Dividend increase and stock buy-back should bouy investors. Closure of older, less efficient factory capacity should help reduce inventory. Recent news of Medtronic Inc. (NYSE:MDT) dealings will boost sales and earnings.

Low PE, good business prospects

Inventories remain high and they are adding capacity, keeping inventories too high. Demand slowing in cell biz.

Simply undervalued

Due to pick up

Texas Instruments is a well-diversified semi conductor company; with end market exposure spread across the wireless, broadband, consumer electronics, PC peripheral and industrial sectors. TI has over 35,000 employees worldwide, and serves more than 30,000 direct and indirect customers.

Top-tier handset manufacturers such as Nokia and Motorola make wireless handset market a critical growth factor for 2007. Nokia with its GSM and WCDMA handsets remains a key customer accounting for 10% of Texas’s total sales. Nokia also proves to be a strategic asset for the company as Motorola has started sourcing from, its competitor Qualcomm. The company sees huge potential for its LoCosto and eCosto platforms to penetrate the high-volume market of low-end handsets with estimates of selling 1 billion units in 2007.

Texas Instruments sees huge potential in its Digital Signal Processing (DSP) markets worldwide. Semiconductor content in the automotive industry is expected to double by 2015 with hopes of garnering market share with its DSPs, analog, and microcontroller products for a variety of automotive applications such as telemetrics, safety systems and powertrain.

Texas Instruments has a solid Intellectual property and patent portfolio across the wireless industry for which it has poured in $1,639 million in research and development over the past three quarters. A lot of onus rest on Texas Instruments, to monetize its patent portfolio apart from fighting against the alleged unfair business practices by Qualcomm in the European Union. The company’s responsive manufacturing model of fully utilizing its inbuilt internal capacity and outsourcing about 20% helps in reducing capital expenditures and price fluctuations to meet customer demands. On the operations front the distributors inventory levels remain lean and is tightening the screw on expenses. The rosy fundamentals confirm its tag of being under-valued among its peers in the semi conductor industry makes is a worthy pick.

Cell phones and TVs have TI quietly behind them

TXN remains to be my favorite pick below $29. Cell phone orders should still remain healthy. iPhone is evidence of a hot new idea giving the industry a much needed catalyst.

Other businesses: DLP chips, education. HDTV play in conjunction with GLW. I just wished their education business could be given more emphasis.