Texas Instruments Sees IBD RS Rating Improve To 73

In a welcome move, Texas Instruments (TXN) saw its Relative Strength Rating rise from 65 to 73 on Friday.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best stocks often have an 80 or higher RS Rating as they begin their largest price moves. See if Texas Instruments can continue to rebound and hit that benchmark.

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Texas Instruments has climbed more than 5% past a 192.13 entry in a second-stage cup with handle, meaning it’s now out of a proper buy zone. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.

The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 51% to 78%. Revenue rose from 29% to 41%.

Texas Instruments holds the No. 6 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. ON Semiconductor (ON) and Diodes (DIOD) are also among the group’s highest-rated stocks.


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