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Stockchase Opinions

Jenny Harrington, CEO, Gilman Hill Asset ManagementMicrochip Technology IncorporatedMCHPPBUYAug 21, 2026

The preferreds of Microchip give you a little exposure to tech and still get income of 5.75%.

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Stock price when the opinion was issued

Technology
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Shares are up today because they pre-announced the December quarter. Bookings were strong through November and their backlog was better than expected. It was oversold. Their inventory recovered. She bought the preferred shares. The price is still fair, not overvalued.