Morgan Stanley Maintains on Texas Instruments


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In a report published Wednesday, Morgan Stanley analyst Joseph Moore maintained Equal-weight on

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Texas Instruments (NASDAQ: TXN), with a NA price target.According to the report, in-line results and outlook largely in line with analyst's estimates and cons. Small restructuring is a positive.“TI's guidance was in line with ests, although commentary about the business environment was positive,” the report noted. “Specifically, the company feels better about the macro at the start of this year relative to the same time a year ago, reinforced by stronger bookings and improved backlog. Exposure to PCs (personal electronics 37% of revs, with computing about 20%) could hold back growth vs. peers, and cash return which has been above cash flow will slow down. 20x multiple of 2014 EPS largely discounts a strong environment.”TXN closed Tuesday at $43.85.
Posted In: Analyst ColorReiterationAnalyst RatingsJoseph MooreMorgan Stanley