So, one of the companies that came up in my screening process is Maxim Integrated Products (MXIM 29.71). Here is what the company does:
Maxim Integrated Products makes high-performance analog and mixed-signal integrated circuits. The company offers a wide range of products serving a host of analog-intensive applications, including power management and data conversion. Maxim supplies its diverse array of about 5,000 circuits to a broad base of customers in end markets, including communications, computing, industrial, and consumers. Roughly 70% of the firm's sales are based outside the United States.
Yeah, exactly. That didn't make much sense to me, so there was no reason to continue with the analysis. Sometimes you can tell that no matter how much more you will (reasonably) read about the company's operations, it probably will still be too vague to be able to confidently invest in it. The stock, has also been underperforming for the past 5 years. Even though that may mean that now will be the time that it soars, I don't feel like taking that chance.
Friday, September 21, 2007
Investing: Phase II - Stock Weeding - Maxim Integrated Products
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