Analog Devices Is Ready To Scale New Highs Despite Tech Wreck
Not All Tech Is The Same, Analog Devices Moves HigherWhile the broader tech sector is collapsing under the weight of inflation and the expectation for higher interest rates Analog Devices (NASDAQ:ADI) is quietly setting new records. The company has proven that demand for integrated circuit technology is still high and growing which is no recipe for lower share prices. The key takeaway from this report, however, is the company’s dividend is not only safe but can be expected to grow over the coming year. The stock pays out about 1.85% with shares trading at $164 which isn’t high for stock in gen...