As a general rule, semiconductors are great second-chance stocks as the
ups and downs of this surprising cyclical industry take the stocks on
roller-coaster rides. Unfortunately for investors just coming back
around to check on Analog Devices (ADI),
the market has already more than counted on a solid recovery at this
leading analog chip company. Improving sell-side estimates and
better-than-expected operating leverage could lead to more upside in
this recovery cycle, but this isn't a fundamentally cheap stock anymore.
Please continue below:
Analog Devices Already Pricing In A Recovery
No comments:
Post a Comment