2.5 Reasons to Hold On to Texas Instruments' Stock

By Chuck Saletta – Mar 26, 2014 at 7:05PM

NASDAQ: TXN

Texas Instruments

Market Cap

$159B

Today's Change

(0.23%) $0.40

Current Price

$175.21

Price as of April 25, 2024, 1:49 p.m. ET

Texas Instruments boasts a healthy balance sheet, a well-covered and growing dividend, and a valuation that's not too far stretched.

Texas Instruments (TXN 0.23%) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers two-and-a-half reasons he's holding on to Texas Instruments' stock despite its substantial rise since he bought those shares a little more than a year ago.

Chuck Saletta owns shares of Texas Instruments. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.