Analog Devices Stock Scores Relative Strength Rating Upgrade

Group 1 - Analog Devices (ADI) saw its Relative Strength Rating improve from 67 to 72, indicating a positive price performance compared to other stocks over the trailing 52 weeks [1] - Walmart stock reached a record high on Black Friday, alongside Analog Devices and a metals miner, signaling strong retail performance [4] - Analog Devices has joined an elite list of stocks with a composite rating of 95 or higher, reflecting its strong market position [4] Group 2 - Nvidia and Taiwan Semiconductor are leading 28 stocks that have been newly added to IBD's best stock lists, highlighting their competitive strength in the semiconductor industry [4] - Google is in talks to offer its AI chips to Meta, which could impact the competitive landscape among major chip manufacturers [4] - Dow Jones futures are rising, with Nvidia's earnings being a key factor for AI stocks, indicating a positive outlook for the tech sector [4]