This is part of his plan to invest more in four U.S. sectors including tech. He expects growth in cell phones; management predicts high-single-digit growth. (2.2% dividend yield, Analysts' price target: $106.76)
(A Top Pick Dec 5/14. Up 9.4%.) He still likes this. They just bought another company, which means that their cash positions are great and that they are expanding.
This is right in the middle of the technology space, and he thinks there is money flowing into technology. Feels there is pretty reasonable growth here. Very good balance sheet with minimal debt. Growing cash flow. Dividend yield of 2.57%.
Effectively a play on automobiles and industrial production. If you believe that the economy is starting to improve, particularly the US economy, this is probably an interesting area to look at.
Analog Devices is a American stock, trading under the symbol ADI-Q on the NASDAQ (ADI). It is usually referred to as NASDAQ:ADI or ADI-Q
In the last year, 1 stock analyst published opinions about ADI-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Analog Devices.
Analog Devices was recommended as a Top Pick by Stockchase Research on 2020-11-10. Read the latest stock experts ratings for Analog Devices.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Analog Devices In the last year. It is a trending stock that is worth watching.
On 2021-01-21, Analog Devices (ADI-Q) stock closed at a price of $159.29.