Watching
Texas Instruments (Nasdaq:
TXN)
over the past two years reminds me of that candy commercial where a kid
asks how many licks it takes to get to the center of the candy.
Revisions continue to head lower and investors have to be asking
themselves just how much worse things can get before the turnaround
finally happens. While I do believe TI has solid margin leverage to a
chip recovery,
the stock isn't cheap enough to entice me to brave the risks that the recovery takes even longer to achieve.
Please click below to continue:
http://www.investopedia.com/stock-analysis/2012/How-Many-Cuts-Does-It-Take-To-Reach-TIs-Center-TXN-LLTC-ADI-FCS1023.aspx
No comments:
Post a Comment