Reasons:
ADI is a conservative High Tech company with well money management
ADI has always been profitable
ADI had a rosy picture for next Q in his last report
ADI has sold its non-profit making sections
ADI has 12.9% P/E. Very low for a tech company
ADI has over 2.5% dividend
ADI is also in MEMS business that has very little competitions
ADI dropped a little compared to TXN after TXN report on Thursday. This shows market knows ADI's result will be different.
I can see ADI at 37 in 3 months. Now it is 30.80.
Of course there are many other good companies to invest. ADI is only one of them.
This is all true if we believe that market will moderately rise in the next 3 months.
ADI is a conservative High Tech company with well money management
ADI has always been profitable
ADI had a rosy picture for next Q in his last report
ADI has sold its non-profit making sections
ADI has 12.9% P/E. Very low for a tech company
ADI has over 2.5% dividend
ADI is also in MEMS business that has very little competitions
ADI dropped a little compared to TXN after TXN report on Thursday. This shows market knows ADI's result will be different.
I can see ADI at 37 in 3 months. Now it is 30.80.
Of course there are many other good companies to invest. ADI is only one of them.
This is all true if we believe that market will moderately rise in the next 3 months.