|Bid||79.56 x 300|
|Ask||80.90 x 300|
|Day's Range||80.09 - 82.16|
|52 Week Range||66.30 - 84.65|
|PE Ratio (TTM)||21.33|
|Dividend & Yield||2.00 (2.43%)|
|1y Target Est||N/A|
Wells Fargo’s David Wong and his team take a look at June commentary from the semiconductor space, focusing on analog chip companies, writing that while numbers suggest sales will keep growing year over year through September, that growth may have plateaued, and might even decelerate toward the end of the year, compared with the June quarter. Wong writes that while growth remains solid, guidance indicates that the September quarter could see some slowdown. Seven of the eight analog companies he covered guided for sequential sales increases in the seasonally strong September quarter, and seven out of seven companies (Texas Instruments (TXN), STMicro (STM), Infineon, Maxim (MXM), Monolithic (MPWR), Microsemi (MSCC), and Power Integrations (POWI)) reported organic year-overyear growth in the June quarter, from 3% to 19%.
Tesla now has a proper handle, joining Applied Materials, Texas Instruments another top techs with the cup-with-handle pattern.
Texas Instruments Inc NASDAQ/NGS:TXN