Advanced Micro Devices, Inc. (AMD) November weekly 62 straddle priced into quarter results

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Analog Devices (ADI) Citi's Preferred Semiconductor Pick

October 31, 2022 1:20 PM EDT

Citi analyst Christopher Danely told investors in a note Monday that the firm sees four semiconductor stocks to own coming out of the downturn.

Danely explained the "SIA announced September monthly sales of $49.4 billion (up 3.9% MoM), below seasonality of up 10.9% MoM and our estimate of $51.7 billion (up 8.9% MoM)... More