We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Texas Instruments (TXN) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Texas Instruments (TXN - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Texas Instruments is a member of the Computer and Technology sector. This group includes 623 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. TXN is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for TXN's full-year earnings has moved 14.35% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, TXN has gained about 16.52% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 12.96% on average. This means that Texas Instruments is performing better than its sector in terms of year-to-date returns.
Breaking things down more, TXN is a member of the Semiconductor - General industry, which includes 8 individual companies and currently sits at #51 in the Zacks Industry Rank. On average, stocks in this group have gained 19.94% this year, meaning that TXN is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on TXN as it attempts to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Texas Instruments (TXN) Outperforming Other Computer and Technology Stocks This Year?
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Texas Instruments (TXN - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Texas Instruments is a member of the Computer and Technology sector. This group includes 623 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. TXN is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for TXN's full-year earnings has moved 14.35% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, TXN has gained about 16.52% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 12.96% on average. This means that Texas Instruments is performing better than its sector in terms of year-to-date returns.
Breaking things down more, TXN is a member of the Semiconductor - General industry, which includes 8 individual companies and currently sits at #51 in the Zacks Industry Rank. On average, stocks in this group have gained 19.94% this year, meaning that TXN is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on TXN as it attempts to continue its solid performance.