Wednesday, May 22, 2013

Investopedia: The Recovery Proving Slow To Arrive For Analog Devices

Since Analog Devices (NYSE:ADI) reports off the normal calendar cycle, the company's earnings reports can serve as a sort of “mid-quarter” update on the analog sector. To that end, what Analog Devices had to say wasn't terribly encouraging. While there are seasonal recoveries underway in the industrial and auto sectors, signs of a big recovery are still lacking. With many players in the analog sector already having traded up on recovery expectations, value investors may find this stock a little lacking in appeal.

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