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ADI
Benzinga
134 days

Broadcom, Analog Devices Could Slide ~10%, Analyst Warns, But A Bottom Could Be Near

1. Chip stocks faced a 25-30% decline due to trade tensions. 2. Analyst predicts a potential further 10% drop in semiconductor stocks. 3. Demand destruction from rising consumer prices is a major concern. 4. Historically, trade tensions led to significant stock downturns. 5. ADI is favored among resilient stocks in the semiconductor sector.

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FAQ

Why Bearish?

The article suggests potential further declines based on historical trends. Current geopolitical tensions resemble past scenarios that negatively impacted stock prices significantly.

How important is it?

The analysis includes predictions and context relevant to the semiconductor sector. ADI's mentioned resilience during negative market conditions raises its significance.

Why Short Term?

The negative forecast indicates potential declines within the next six months. Historical parallels show short-term drawdowns before a rebound.

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