Texas Instruments Inc. (NASDAQ: TXN) is an old line company that J.P. Morgan thinks has solid business prospects. The company has a broad range of power management and analog signal chain products that offer design engineers the high performance, low power and integration they need to create innovative and differentiated consumer electronics. Investors are paid a good 2.9% dividend. J.P. Morgan has a $42 price target for the venerable company. The consensus estimate is at $40, though Texas Instruments closed Thursday at $41.65.