Monolithic Power | MPWR | Long at $580.00
Monolithic Power NASDAQ:MPWR. If the semiconductor market continues to get attention in connection with AI, there may be a bounce here near $580.00 as 
MPWR enters my historical simple moving average area. However, a further dip into the high 400s wouldn't surprise me (tax harvesting season is in session) and doesn't change the thesis as long as the overall trend continues to stay positive. While MPWR is a strong company with growth predictions on the horizon, it has a 65x P/E, 46x price-to-cash flow, lots of insider selling, and some near-term concern if the economy shows weakness. From a technical analysis perspective, though, it's in an area of opportunity as long as semis stay a "hot" investment. Thus, at $580.00, MPWR is in a personal buy zone.
Target #1 = $690.00
Target #2 = $745.00
Target #3 = $825.00
Target #4 = $908.00
MPWR enters my historical simple moving average area. However, a further dip into the high 400s wouldn't surprise me (tax harvesting season is in session) and doesn't change the thesis as long as the overall trend continues to stay positive. While MPWR is a strong company with growth predictions on the horizon, it has a 65x P/E, 46x price-to-cash flow, lots of insider selling, and some near-term concern if the economy shows weakness. From a technical analysis perspective, though, it's in an area of opportunity as long as semis stay a "hot" investment. Thus, at $580.00, MPWR is in a personal buy zone.Target #1 = $690.00
Target #2 = $745.00
Target #3 = $825.00
Target #4 = $908.00
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