Dividendology 对 $TXN 的判断变化

2026-09-01
Congress Has Been Loading Up on These 2 Stocks in 2026!
德州仪器的基本面(自由现金流/股息)强劲,但估值偏高,大部分上行空间已被定价,对近期收益持中性至略微看空态度。

现在我们有德州仪器,它在很多方面与博通几乎完全相反。不一定是从业务角度来看,而是从业绩角度来看。在过去5年左右的时间里,该股仅上涨了约38%。你可以看到,从2021年底到2026年初,价格表现极其波动。

波动很大,最终没有涨跌。然后突然间,股价从每股约150美元、160美元飙升,在2026年夏天达到每股332美元的峰值。现在,仅在过去几个月里,我们看到从这些峰值略有回落,但该股今年仍上涨了46.8%。

Now we have Texas Instruments, who in a lot of ways is pretty much the complete opposite of Broadcom. Not necessarily from a business perspective, but from a performance perspective. Over the last 5 years or so, the stock is only up about 38%. And you can see from late 2021, really till early 2026, the price performance was extremely choppy. It was very volatile and ultimately went nowhere. And then all of a sudden, the stock price surged from around $150, $160 a share and peaked at $332 a share in the summer of 2026. Now, in the last few months alone, we've seen a little bit of a pullback from those peaks, but the stock is still up 46.8% this year.