Analog Devices's most recent trend suggests a bullish bias. One trading opportunity on Analog Devices is a Bull Put Spread using a strike $112.00 short put and a strike $107.00 long put offers a potential 7.53% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $112.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $107.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Analog Devices is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Analog Devices is bullish.
The RSI indicator is at 70.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Analog Devices
Analog Devices Inc (ADI) President & CEO Vincent Roche Sold $1.2 million of Shares
Tue, 02 Jul 2019 23:15:06 +0000
President & CEO of Analog Devices Inc (NASDAQ:ADI) Vincent Roche sold 10,000 shares of ADI on 07/01/2019 at an average price of $115.23 a share.
Why Bulls See Chip Stocks Rising Despite Giant Red Flags
Tue, 02 Jul 2019 17:49:11 +0000
Bank of America says the sector will benefit from a trade deal that also eases restrictions on Huawei.
If You Had Bought Analog Devices (NASDAQ:ADI) Stock Five Years Ago, You Could Pocket A 106% Gain Today
Sun, 30 Jun 2019 12:27:03 +0000
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side…
5 Reasons Why I Would Sell AMD Stock Here
Fri, 28 Jun 2019 15:59:29 +0000
Shares of Advanced Micro Devices (NASDAQ:AMD) have been on a tear so far in 2019, up over 70% year to date. But to me, it seems like investors in have some things to consider.I do not own this stock, but if I did these issues would concern me and I would probably sell it here. Issues with AMD Stock Click to Enlarge First of all, the last time that AMD traded at these levels back in September and October, sellers entered the market and drove it much lower. From the end of September through the end of October, AMD lost almost 50% of its value.InvestorPlace – Stock Market News, Stock Advice & Trading TipsThe stock recently ran into resistance at $32.50 and was unable to stay above it. AMD stock needs to push past that level, and so far it has failed to do so.Second, the tech sector as a whole is testing resistance as well. If the Sector goes lower, it will probably take AMD with it. Click to Enlarge The Technology Select Sector Spider (NYSEARCA:XLK) follows the tech sector. You can see here that they are currently testing the same resistance levels that sold off from in late April and early May.The third thing that would concern me is AMD stock's valuation verses the other members of its peer group. According the CNBC, AMD has the highest valuation in its group. The price-to-earnings ratio of AMD is 47. This is way higher than its peers. Analog Devices (NYSE:ADI) has a P/E ratio of 22. KLA-Tencor (NASDAAQ:KLAC) and Microchip Technology (NASDAQ:MCHP) each have price-to-earnings ratio of around 14. The last member of the group, Xilinx (NASDAQ:XLNX), has a P/E ratio of 29.The fourth thing that I would consider bearish for the stock is the lack of insider buying.I went back one year and I couldn't find any significant insider buying. That worries me. After all, who knows more about what is going on insider a company than the insiders? If they don't want to own their company's stock then I don't want to either.And finally, the fifth thing that makes me want to sell AMD is actually the recent upgrade at Morgan Stanley.Hear me out. On June 6, AMD stock was upgraded from underwieght to equal weight. "Being cautious on the stock has obviously been the wrong call, even though we were right on some aspects," said Joseph Moore in a note on Thursday. That sounds positive, right? But what concerns me is that Morgan Stanley's price target is $28. This is almost 10% below current levels.Now, none of this is to say AMD absolutely can't make gains here. It's just that so many technical indicators look worrisome that I'd steer clear for now.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Top Small-Cap Stocks Of 2019 * Critical Levels to Watch in 7 Marijuana Stocks * 5 Smaller Cloud Stocks That Have Plenty of Potential Compare Brokers The post 5 Reasons Why I Would Sell AMD Stock Here appeared first on InvestorPlace.
Analog Devices Honors Top Suppliers at Inaugural Supplier Day 2019
Wed, 26 Jun 2019 12:00:00 +0000
Analog Devices, Inc. recently hosted its inaugural Supplier Day event to honor and recognize its suppliers. Held at the Hyatt Regency Boston, the event brought together 100 of the semiconductor company’s top suppliers for a day of recognition, celebration and relationship building.
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