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Analog Devices, Inc.

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Analog Devices is a leading supplier of analog and DSP integrated circuits. Its second quarter earnings were above the Zacks Consensus Estimate.  Though we remain concerned about  weakness in the consumer market, ADI is solidly positioned in growth markets like industrial, auto and communication. Also its products continue to see very strong deployment in the emerging automotive market. Given this backdrop, the order momentum in the last quarter remained encouraging.

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