Analyst’s Disclosure: I/we have a beneficial long position in the shares of ADI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Khaveen Investments is registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC). Registration with the U.S. SEC does not imply a certain level of skill or training. No information in this publication is intended as investment, tax, accounting, or legal advice, or as an offer/solicitation to sell or buy. Material provided in this publication is for educational purposes only and was prepared from sources and data believed to be reliable, but we do not guarantee its accuracy or completeness. We have an indirect position in shares mentioned in this analysis through holdings in sector-specific ETFs that include the company. Such exposure is incidental to our strategic allocation and bullish view of the technology sector and does not reflect a positive investment thesis on this company. Our rating is based solely on our independent assessment of the company’s fundamentals and valuation.