• Texas Instruments is currently riding the waves of a synchronized upturn in the world economy and the Internet of Things.
• The company is focusing on industrial and automotive, where silicon spending is set to grow for years.
• With its enormous breadth of products, its competitive position seems solid, bolstered by economies of scope.
• This manifests itself in very high margins and cash flow levels which are generously used to create more leverage for investors.

Source: Texas Instruments Is Shareholders’ Nirvana – Texas Instruments Inc. (NYSE:TXN) | Seeking Alpha