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Analog Devices, Inc.

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Analog Devices continues to be impacted by weakness in the consumer end market. Also, declining usage of the company’s products in portable consumer applications is a major headwind. Moreover, macro uncertainty and geopolitical fears remain concerns. However, the stock has outperformed the industry it belongs to in the past one year. The company continues to benefit from its strength across industrial, automotive and communications markets. Further, the company is currently riding on positive contributions from Linear Technology acquisition. Estimates have been stable lately ahead of the company’s fiscal Q1 earnings release. The company has positive record of earnings surprises in recent quarters.


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