
NASDAQ:ADI
An analog based semiconductor maker. This space has significant applications from lights to phones. Analog Devices has grown through acquisition. There were semi-shortages and so they are extremely over valued. With a normalization, it could be a good buy. Great company with good balance sheet and management team. Too expensive.
Our PAST TOP PICK with ADI is progressing well. We recommend trailing up the stop at this time to $180.