TI has a legacy of innovation and manufacturing might. Once the global economy turns, their manufacturing might will carry them for another cycle. I tend to think we'll see as high as $38 this year--just a wild guess. RKT, in my opinion, is a bottom line type guy with a lot skill in efficiency for manufacturing. He's good for that and bottom line. Lucky they have analog to fill factories, someday. But, they could use a visionary leader someday. east coast.
This company needs killer apps or products. Yet they continue to decrease R&D funding.
TI needs New innovation, not the same cheap line of products year after year.
This is no longer a growth company. They once were no.1 in mobile chips the stock was $100/sh, they were years ahead in the digital revolution. Later on they couldn't keep up with newer technology, faltered and the stock went from $100/sh to $13 in little over a year and still hasn't recovered 13 years later.
Growth to them is buying a company laying off workers and then writing it off as a tax lose.