Is Texas Instruments the Dividend Stock For You?
Published Fri, 10 Sep 2010 on The Motley Fool

The market thinks it's a bad sign when Texas Instruments (NYSE: TXN) merely tightens its guidance range, instead of raising its forecasts to high heavens. The midpoints of the original third-quarter forecast called for sales to rise by 6% sequentially, while earnings would improve by 11% over last quarter. That's still what management is saying -- except that the upper and lower bounds of the guidance ranges have tightened up considerably. Now the stock is down for the day, and investors are blaming it for an overall semiconductor-sector swoon. You'd think this pessimism would be priced into the stock by now, after belt-tightening signals from fellow tech giants Cisco Systems (Nasdaq: CSCO) and Intel (Nasdaq: INTC). After all, TI is sniffing around its 52-week and five-year lows. Yet somehow, the market found cause to get even more negative.... Read more