STM - Power Integrations: An Impressive Growth Story In The Power Supply Market
Power Integrations (POWI) designs and manufactures ICs (integrated circuits) for the power supply market. The company's stock is richly valued compared to its competitors. In the last ten years the company’s revenue has grown at a CAGR of 6.36% and EBITDA has grown at a CAGR of 5.31%. I believe revenue and EBITDA will continue to grow at similar pace in the next five years. Long-term investors can buy the stock during pullbacks to maximize their gain.
Power Integrations develops and markets analog and mixed-signal ICs. It also develops related electronic components and