“High yield," "tech," and “upside” are three terms that investors rarely see together, but they clearly match the description of Texas Instruments (NASDAQ: TXN), Qualcomm (NASDAQ: QCOM), and Analog Devices (NASDAQ: ADI).
According to Wall Street price targets, all three of these high-yield tech names have significant upside potential to the tune of 25% or more. Also, all three hold strong dividend yields of between 1.5% and 3%, which, in the context of the tech sector, are certainly high. For perspective, technology typically has the lowest yields of any sector, as demonstrated by the 0.6% yield of the Technology Select Sector SPDR Fund (NYSEARCA: XLK), far below the S&P 500’s average 1.1% yield.
