Friday, July 25, 2014

Seeking Alpha: Can Linear Technology Match Quality With Growth?

High-performance analog specialist Linear Technology (NASDAQ:LLTC) runs itself differently than most semiconductor companies; Linear will turn down business that doesn't meet its margin targets and has maintained an almost unbelievable level of year-in year-out free cash flow generation. Linear hasn't registered all that much growth, though, and for all that the company's great margins matter, the company isn't as generous in sharing its prosperity with shareholders. Amidst various valuation methodologies Linear looks somewhere between 12% overvalued and 12% undervalued, and although the company has some interesting growth opportunities, it may take more generous payouts to move the shares significantly.

Follow this link to the full article:
Can Linear Technology Match Quality With Growth?

No comments: