2. As of noon trading, Analog Devices ( ADI) is up $0.34 (0.7%) to $48.86 on light volume. Thus far, 500,317 shares of Analog Devices exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $48.48-$48.93 after having opened the day at $48.57 as compared to the previous trading day's close of $48.52.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. Analog Devices has a market cap of $14.9 billion and is part of the technology sector. Shares are up 15.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Analog Devices a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Analog Devices as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Analog Devices Ratings Report now.

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