Solid preliminary results and a merger deal sent the stock flying.
News & Analysis: Analog Devices
The chipmaker pays a nice dividend, but a closer look at its financial performance tells us that there are better options out there.
ADI earnings call for the period ending March 31, 2020.
Most Nasdaq stocks fared well on Tuesday morning.
A dividend hike makes semiconductor stock Analog Devices seem attractive.
Analog Devices investors bid up the stock despite a weak quarterly report.
ADI earnings call for the period ending February 1, 2020.
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Secular end-market growth should be a catalyst for chipmaker Analog Devices in the new year.
The analog chipmaker missed every conceivable target in the fourth quarter, and the first quarter doesn't look any better. Beyond that, however, management expects a serious upswing.