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.
I've been scaling in cautiously. I was surprised to see how brutal the summer months were for ADI, but I'm thinking the fall and winter will treat it nicely. I'll just have to remember to scale back during the spring. But with a nice dividend, it's tempting just to hold...I'm holding this in my IRA BTW.