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U.S. markets zigzag down, TSX up and Elon dancesDecent 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.
Microchip Technology is a American stock, trading under the symbol MCHP-Q on the NASDAQ (MCHP). It is usually referred to as NASDAQ:MCHP or MCHP-Q
In the last year, there was no coverage of Microchip Technology published on Stockchase.
Microchip Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Microchip Technology.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered Microchip Technology In the last year. It is a trending stock that is worth watching.
On 2024-11-04, Microchip Technology (MCHP-Q) stock closed at a price of $74.47.
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.
(Analysts’ price target is $102.22)