Maxim Seeing Some Operating Constraints, But Still Has Some Good Drivers

Maxim Integrated (NASDAQ:MXIM) has long been a little out of step with its peers - not in a bad way, mind you, but just in the sense that this company's strategic and operating decisions will often have it a quarter or two out of sync with the peer group. With that, and some more company-specific drivers, it's possible that Maxim could see its downturn come a little later, possibly also pushing out the recovery a bit versus peers.

I like Maxim as a high-quality analog company, and I like the company's leverage to auto electrification, optical, factory automation, and (more recently) medical. I don't like the valuation quite as much. It's actually priced for a decent return (and a better return than peers/comps like Texas Instruments (TXN) and NXP Semiconductors (NXPI)), but I like to get better than "decent" when I can.

Read more here:
Maxim Seeing Some Operating Constraints, But Still Has Some Good Drivers