Linear Technology Stock Hits New 52-Week High (LLTC)

NEW YORK ( TheStreet) -- Linear Technology (Nasdaq: LLTC) hit a new 52-week high Thursday as it is currently trading at $39.01, above its previous 52-week high of $38.90 with 897,320 shares traded as of 10:50 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

Linear Technology has a market cap of $8.77 billion and is part of the technology sector and electronics industry. Shares are up 11.1% year to date as of the close of trading on Wednesday.

Linear Technology Corporation, together with its subsidiaries, designs, manufactures, and markets various analog integrated circuits (ICs) worldwide.

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TheStreet Ratings rates Linear Technology as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, increase in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Linear Technology Ratings Report.

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