• Analog Devices has numerous attractive characteristics, the company has deep capabilities, specialist knowledge and numerous growth opportunities, most notably 5G.
• The company also produces extremely impressive margins and cash flow, and it has deleveraged substantially and is set to return 100% of its free cash flow to shareholders.
• While not cheap, we think the shares are still attractive.

Source: Analog Devices, Another Mini Texas Instruments – Analog Devices Inc. (NASDAQ:ADI) | Seeking Alpha