Maxim Integrated: This Underappreciated Stock Continues To Impress

About: Maxim Integrated Products, Inc. (MXIM)
by: Roman Luzgin
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Roman Luzgin
Long/short equity, special situations, medium-term horizon, portfolio strategy

Maxim Integrated Products reported stellar quarterly and annual results, beating across the board.

The company's stock has remained on the same level over the last six months, while the company's fundamentals continue to improve.

Low debt, strong cash flows, upside guidance, and a viable capital return program are the reasons to buy Maxim's stock after earnings.

Maxim Integrated remains an attractive buyout target, especially after Qualcomm walked away from NXP Semiconductors.

Maxim Integrated Products had a successful fiscal 2018

On July 26, Maxim Integrated Products (MXIM) reported its Q4 and full FY 2018 results, beating on EPS and revenue. The year turned out to