E Daily Stock Pick: National Instruments (NATI)

That portfolio of stocks I've been building since September 3, 2019, named Volio will, by August 28, hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio.

Today, I'm reviewing the fourth of five technology sector stocks primed to join Volio as the ninth of nine representing the sector.One of the stocks I discuss this week could become the fifty-first overall selection for Volio!

My subject today is a mid-cap software application company named, National Instruments Corp. Its trading ticker is NATI. This is my first report on National Instruments Corp. (NATI) for this portfolio.

National Instruments Corp. designs, manufactures and sells software and hardware platforms to engineers and scientists.

Its suite of application software products includes NI TestStand, targeted for measurement applications in a manufacturing environment; NI VeriStand, targeted for configuring real-time testing applications; and NI DIAdem, which offers tools to interactively mine and analyze data.

The company derives revenue primarily from the sale of hardware, software licenses, and related services. A majority of the firm's revenue is generated in the United States, but it has a presence throughout the world.

It serves the semiconductor, transportation, aerospace, and defense industries; and government agencies.

The company was founded in 1976 and is headquartered in Austin, Texas.

I use three key data points to gauge dividend equities or funds like National Instruments Corp. (NATI):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money.

NATI Price

National's price per share closed at $34.82 yesterday. A year ago its price was $42.90. Price fell by $8.08 or about 19% last year.

Assuming National's stock trades in the range of $20 to $44 this next year, its recent $34.82 price might rise by $5.18 to reach $40.00 by August 20, 2021.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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William K. 8 months ago Member's comment

I am familiar with some of the NI products and it is certain that the company is solid. So it should be a durable investment as well as a profitable one.

So Thanks for the interesting and informative post.