Analog Devices Up 10.3% YTD: Should You Hold or Fold the Stock?
Analog Devices(ADI) ZACKS·2024-09-07 01:11
Analog Devices (ADI) has moved up 10.3% in the year-to-date period compared with the industry’s return of 3.9%. ADI is benefiting from its portfolio strength and strategic partnerships, which are driving its momentum across various end-markets like industrial, automotive, consumer and communications. Its efforts to integrate AI technology into products to deliver enhanced customer experience are a plus. Expanding Partnerships Drives ADI Stock’s ProspectsAnalog Devices recently announced a strategic partners ...