- MPWR continues to grow revenue and earnings at a rapid clip, comps notwithstanding, although there are some signs of a softening in demand.
- The stock is moving up within a clearly defined ascending channel, which is a powerful argument in favor of long MPWR.
- Multiples for MPWR continue to increase as the stock flies higher, resulting in a big gap between MPWR and its competitors.
- There’s a valid case to be made to stay long or to stick to the sidelines, depending on what your priorities are.
For further details see:
The Case For And Against Monolithic Power Systems