J Studios Investment action I recommended a buy rating for Analog Devices (NASDAQ:ADI) when I wrote about it in May, as I gained more confidence that the bottom of the cycle was over and a recovery cycle is likely to happen in FY24. Based on my current outlook and analysis, I recommend a buy rating. My key update to my thesis is that ADI has effectively entered into a growth cycle, as 3Q24 saw its first sequential growth. While the automotive segment still sees some weakness, I believe it will turn for  ...