Texas Instruments (TXN) Sees Profits Recover, but Is the Stock Still Expensive?

Texas Instruments Incorporated (NASDAQ:TXN) is gaining from recovering chip demand just as its heavy factory spending starts to ease. The stock is at 41.43 times trailing earnings and 27.55 times forward earnings. Now the question is whether the company’s new capacity can help lasting growth or simply boost another industry upswing. Recovering Demand Is Reaching […]