Andy Kern submits:
From the looks of its Required Business Performance and its historical ability to produce similar levels of revenue, it would seem Texas Instruments (TXN) is all but certain to fail to produce the level of performance its stock price currently implies. With its stock at $25.44, TI will need to produce revenue of $11.4 billion in the next year. Can this be done? It represents growth of 15.4% over the previous twelve months’ revenue of $9.9 billion and this rate of growth will need to continue for several years. This seems pretty steep considering that the company’s revenue has actually declined in each of the last three twelve month periods. Take a look at the company’s RBP Snapshot
