Markets

Insider Trading

Hedge Funds

Retirement

Opinion

1281292 - 11759070 - 1

Analog Devices (ADI) at $375: Are Investors Paying an AI Premium for Industrial Tech?

Is ADI a good stock to buy? We came across a bullish thesis on Analog Devices, Inc. on Contrarian Indicator’s Substack by Cameron Fen. In this article, we will summarize the bulls’ thesis on ADI. Analog Devices, Inc.'s share was trading at $375.18 as of July 16th. ADI’s trailing and forward P/E were 56.63 and 25.97 respectively according to Yahoo Finance.

[caption id="attachment_422514" align="aligncenter" width="750"] Portogas D Ace/Shutterstock.com[/caption]

Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software,...