Why Analog Devices Stock Topped the Market Today
Sprawling semiconductor company Analog Devices (NASDAQ: ADI) notched a win on the stock exchange Friday, with its shares closing the trading session nearly 2% higher. It was one of two stocks flagged by a major bank as top picks in their sector, which the bank believes will thrive across this year. With that bump Analog Devices beat the S&P 500 index, which rose by barely over 1% today.That researcher was top-four U.S. bank Citigroup, which before market open published a new take on the present, and potential future, of the semiconductor industry. Image source: Getty Images.Continue reading
Sprawling semiconductor company Analog Devices (NASDAQ: ADI) notched a win on the stock exchange Friday, with its shares closing the trading session nearly 2% higher. It was one of two stocks flagged by a major bank as top picks in their sector, which the bank believes will thrive across this year. With that bump Analog Devices beat the S&P 500 index, which rose by barely over 1% today.
That researcher was top-four U.S. bank Citigroup, which before market open published a new take on the present, and potential future, of the semiconductor industry.
Image source: Getty Images.
