MXIM has an arguable long case for a few reasons. First thing is their net margins are stronger than the industry average. Another is that they seem to have technical support. Their valuation is reasonable and all though they have had a lower revenue deliverance this quarter, they still have returned to their shareholders by increasing their dividend as well as a $1B buyback program. With that being said we see a mutual benefit with the buyback since MXIM revenue has increased year over year still by two-fold.
Alden Investment publications are only meant for viewing pleasure and not to be taken in as financial advice or anything related to such.
Alden Investment publications are only meant for viewing pleasure and not to be taken in as financial advice or anything related to such.