Zacks Industry Outlook Highlights: Intel, Texas Instruments and International Rectifier

Chicago, IL – June 24, 2009 – Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Ken Nagy discusses the Semiconductors sector. Highlighted stocks include: Intel (INTC - Analyst Report), Texas Instruments (TXN - Analyst Report) and International Rectifier (IRF - Snapshot Report).

Looking at industry bellwethers Intel (INTC - Analyst Report) and Texas Instruments’ (TXN - Analyst Report) past quarterly results, it appears as though excess inventory has been worked off, and future quarters will likely look more like end-market demand.

Changing Consumer Behavior

The savings rate is up, and the days of excessive debt may be gone for the average consumer, but the majority of the end-market products (smart-phones, net books) that contain these chips are under $1,000.00.

Higher Chip Content in Energy Conservation

Take a sector that looks dismal at first glance, such as Automotive. Looking closer, the chip content in electric or hybrid cars is very high due to power switching and power management. Efficiency was not important in those big 8 cylinder cars of the past, but today it is essential. Our favorite name here is International Rectifier (IRF - Snapshot Report).

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5510.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5511.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Follow us on Twitter: http://twitter.com/ZacksInvestment

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact:
Mark Vickery
Web Content Editor
312-265-9380
Visit: www.zacks.com