Analog Devices: Great Company Enduring Some Cyclicality

News Snapshot:

sergeyryzhov/iStock via Getty Images My thesis Analog Devices (NASDAQ:ADI) has become a powerhouse in the Analog segment, ranking only second after Texas Instruments (TXN) in a fragmented market. Its semiconductors and solutions act as an interface between the physical to the digital world. While the firm is investing in new technologies (Battery Management Systems for EVs, factory automation technologies, 5G), it enjoys a large portfolio of mature devices, which are sticky for its customers and are therefore highly profitable. The company is currently experiencing a cyclical downturn in its operations, mainly driven by macro-economic weakness. This would be good news...