Is Analog Devices Stock Outperforming the S&P 500?

With a market cap of $112.2 billion, Analog Devices, Inc. (ADI) is a global semiconductor company that designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products. The Wilmington, Massachusetts-based company product portfolio includes both general-purpose products used by a range of customers and applications, as well as application-specific products designed for specific target markets.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Analog Devices fits this description perfectly. The company is a semiconductor leader that helps drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world.