Kim BoltonMicrochip TechnologyMCHPPAST TOP PICKJun 18, 2025
(A Top Pick Jun 19/24, Down 24%)
They make analog and interface products, not sexy to the market, selling to cars and industrials. They bought a company to have a presence in AI. He sold this last fall.
Around since 1989. Smart, connected control systems around the world. Particularly in micro-controllers and micro-processors. Involved in 4 areas: auto, industrial, edge AI, and definitely AI infrastructure.
Decent if you're looking at 3-7 years. It makes semi-conductors. Trades at a reasonable valuation. You're buying the secular theme here, a secular bull market. Their chart is okay. Careful because of volatility--it will take it in the teeth during a pullback.
The 1 and 5 year charts show it making new highs and it looks good. It was trading in a range from 2014 to 2016 with a support level at around $38. It broke out of the range this year which is always a bullish sign, so it has some ways to go. If you own, he would add to it.
They make analog and interface products, not sexy to the market, selling to cars and industrials. They bought a company to have a presence in AI. He sold this last fall.