Gleacher Likes Linear Tech (Nasdaq:LLTC) Maxim (Nasdaq:MXIM) Long- Term in Analog, Monlithic Power (Nasdaq:MPWR) Short Term

Previewing the ending of the quarter for analog, Gleacher said they like Linear Tech (Nasdaq:LLTC) Maxim (Nasdaq:MXIM), and in the short term, Monlithic Power (Nasdaq:MPWR).

Gleacher noted, "Today we are previewing our December quarter ending Analog coverage group including Texas Instruments (NYSE:TXN) (Buy), Intersil (Nasdaq:ISIL) (Neutral), Linear Tech (LLTC) (Buy), Monlithic Power (MPWR) (Neutral), Micrel (Nasdaq:MCRL) (Neutral) and Maxim (MXIM) (Buy). While our top picks longer-term are LLTC and MXIM, we recognize that MPWR perhaps has greater upside potential through Q4 earnings, should the company post beat and raise results (as we suspect), as Street CY11 estimates have fallen precipitously since CQ3 earnings. Note: We also recommend National Semi (NYSE:NSM) and Analog Devices (NYSE:ADI) in the Analog space."

LLTC was trading at $34.90, up $0.09, or 0.25 percent, as of 2:19 PM EST. MXIM was trading at $25.75, up $0.38, or 1.50 percent. MPWR was at $15.98, down $0.05, or 0.31 percent.