Up 12% in 2024, You May Want to Buy This Semiconductor Stock Before It Goes on a Bull Run

This chipmaker has suffered big declines in its revenue and earnings in recent quarters, but its fortunes should change soon.Analog Devices (ADI -2.47%) isn't as well-known in the semiconductor industry as major players like Nvidia or Taiwan Semiconductor, which are riding the fast-growing adoption of artificial intelligence (AI) and reporting eye-popping growth. That explains why shares of the chipmaker are up just 12% year to date, lagging the stunning gains recorded by some of its peers and the semicondu ...