I am betting on ADI as a conservative approach

Discussion in 'Stocks' started by hajimow, Jul 23, 2008.

  1. hajimow

    hajimow

    Reasons:

    ADI is a conservative High Tech company with well money management
    ADI has always been profitable
    ADI had a rosy picture for next Q in his last report
    ADI has sold its non-profit making sections
    ADI has 12.9% P/E. Very low for a tech company
    ADI has over 2.5% dividend
    ADI is also in MEMS business that has very little competitions
    ADI dropped a little compared to TXN after TXN report on Thursday. This shows market knows ADI's result will be different.

    I can see ADI at 37 in 3 months. Now it is 30.80.

    Of course there are many other good companies to invest. ADI is only one of them.
    This is all true if we believe that market will moderately rise in the next 3 months.