The Company designs, manufactures and markets digital, analog and mixed-signal integrated circuits and frequency control products used for the transfer, routing, and timing of digital and analog signals.
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Just wanted to add these reasonings to my pick:
- good amount of cash (71.44M0 compared to debt (780K) which means that there is enough cash on hand incase of an acquisition or if the Network & Communication Devices Industry hits a slump
- decent insider ownership (11.56%)
- stock is reaching its 52-week high which means that statistically it will go above
- revenue is growing at a steady pace