You know, it's funny...
Recently, I sold off some DSP Group (DSPG), to buy more of Analog
Devices. I've owned ADI for a while now, as a larger play on digital signal processing, considering ADI's presence in this market.
Well, DSPG is at $38 3/4, up substantially from when I sold it, while
ADI refuses to budge. Even when it's competitive brethren like LU,
TXN and well...MOT has its own problems... are making pushes to new highs.
ADI has always been a much less volatile issue than the above which
may in part describe the total lack of movement of the stock. However, there is no question in my mind that ADI has staying power, with not only its technology but also its stock price.
As a note to the insider selling, ADI has always had insider selling, yet both the company's earnings and the stock have always moved higher.
I don't know exactly what to make of this lack of movement, but the charts still look pretty decent...maybe one of these days ADI might surprise us.
Good Luck!
Tom C. |
