Linear Technology Corp (LLTC)

Good (and improving) industry, and a fairly strong company within its industry.

Tracking. Will be a good buy if tech really turns around. Market is too mixed for me to buy it with my own money at this point.

Upthumb. Turnaround continues. Excellent cash flow. Very low growth rate. But very high margins and lots of cash on-hand. Good payout.

Makes circuitry for iphones, wide moat, consistent dividend, and trading near historic lows.

Already has gone up seven dollars this year;but will it keep going up?

Interested in the recession recovery play. LLTC might be slower to recover which manages the risk of possible double dip recession.

Tech.

Motley Fool pick

newsletter...i think

Excellent Margins, Aggressive cost cutting by Management, increasing dividend, bottoming of economy and corresponding inventory reductions by customers leading to higher demand.

Although Linear suffers from cyclical business effects, its products are very different from the commodity-level flash memory chips. Analog chip makers are often bunched with the rest of the semiconductor industry, but they are a smaller, defensible niche. Linear has one of the best positions in this niche, with high ROIC and margins. A bargain at a 12 PE.

I bought it near the recent low & it's doing very well.

3/16/09 Pitch: Upthumb. Earnings 4/14/09. Industry inventories leveling off. Presages a turn-around in LLTC shares.
Past trades:
12/30/08 Pitch: Upthumb. Earnings 2009-01-13 Upthumb based on valuation. Excellent company and good control on costs. may warn but feel that much of the risk is factored in. Closed 1/15/09 @ $21.99 for +7.29 points.
10/7/08 Downthumb. Generally week Capex budgets will sap earnings power and they will likely warn during earnings call. +12.43 Points. Varchild2008 commented: "Good call! Q1 was up 18% but project 10-20% decline in Q2 and Stock Price is trading 22 - 22.50 after hours. *ouch*." Closed 10/15/08 @ $21.50 for +12.43 points.

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Just a solid company doing a good job.

TMF SA pick. Dividend grown of 25% annually since 2000 plus a 4% dividend yield, at a P/E of 12.4. 10% market share in analog devices leaves plenty of room for future growth.

This is one of the semi companies that will survive and do well. Smart people and products, narrow offerings, but with the stuff that you need to make systems work.

Nice dividend, good ratios, market should continue to grow. What's not to love?

MF SA recommendation