Another old timer still checking in this board on occasion. ADI seems more sensitive to the ebb & flow of world economics than company performance. I've been looking for a major acquisition for years but have seen only small technology buys. A couple of product line sales have nicely focused the company but the purpose remains to be seen.
You're right about that, ADI seems to be doing just a tad better than the S&P 500 and has pretty much followed the same motions. We'll see what happens before and after the earnings report. It being tech season and all, I'd love to see ADI hit the $40s again and raise the dividend. With all the technology innovations in autos, smart homes, and smartphones, I can't imagine being disappointed with ADI.
Nothing like a Halloween Nor'easter to set the mood, huh?
Power down for 2+ days. That's three power events in 10 weeks...ready for a generator.
Hope you're unburied and on the grid!
I knew people that worked there 10+ years ago and they said it was a good company. Bought a small position at that time and have held and traded it off and on for over 10 years.
At one time was a regular on this board and got to know some of the old posters. Still follow the board on a regular basis.
Thanks for reaching out and I dig the handle!
I think ADI has lots of silent retail shareholders, especially here in New England. That said, ADI deserves a more lively board.
BTW, I'm a MA native who fled to NH in '01. Lovin it here!
How did you first come to know ADI?
I bought with both hands into the close yesterday. Happy I did, too!
Worse news was priced into the stock, IMO. This is a tight run ship with excellent margins and a broad product/end market portfolio. Add a sterling balance sheet and very healthy dividend into the mix and you have a winner - whether you're thinking defense or growth.
Congrats to ADI!