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Texas Instruments Will Consolidate Short Term

January 29th, 2018 · No Comments

  • With earnings and Q1 guidance inline, rising inventories and a somewhat surprising tax charge, it’s only natural that the shares of Texas Instruments sold off.
  • Especially after the shares already experienced a very powerful rally the last 6 months or so.
  • However, after some consolidation, we think the upward trend will resume, driven by good tailwinds.

Source: Texas Instruments Will Consolidate Short Term – Texas Instruments Inc. (NYSE:TXN) | Seeking Alpha

Tags: TXN