Texas Instruments May Not Look Cheap, But Its Future Looks Bright
TI(TXN) Seeking Alpha·2024-01-03 16:35
Fischerrx6Introduction The market has run hot, which allowed the S&P 500 to return more than 25% over the past 12 months. The tech-heavy ETF (QQQ) returned more than 50% during this period. Data by YChartsDividend growth stocks, as represented by the Vanguard Dividend Appreciation ETF (VIG), returned 14%. A big part of this rally was caused by expectations of lower interest rates in 2024 as the market has priced in six Federal Reserve interest rate cuts this year. CME GroupThe problem is that I don't li ...