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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Microchip Technology, with symbol MCHP-Q, has been operating since 1989 and is known for its smart, connected control systems across the globe, particularly in the micro-controllers and micro-processors sector. The company is involved in various areas including auto, industrial, edge AI, and AI infrastructure. With analysts' price target at $102.22, it is evident that the company has established itself as a prominent player in the technological domain and shows potential for further growth.

Consensus
Positive
Valuation
Fair Value
TOP PICK

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)
electrical / electronic
BUY ON WEAKNESS

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.

electrical / electronic
BUY

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.

electrical / electronic
PAST TOP PICK
(Was a top pick on Mar 11. Up 30%.) Still likes. Don't buy at these prices. Wait for pull backs.
electrical / electronic
PAST TOP PICK
(Was a top pick on May 31. Down 5.7%) Still owns.
electrical / electronic
TOP PICK
Has done well in a sector that has declined. 65% of sales is outside of North America. Use a stop loss.
electrical / electronic
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Microchip Technology(MCHP-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Microchip Technology is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Microchip Technology(MCHP-Q) Frequently Asked Questions

What is Microchip Technology stock symbol?

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

Is Microchip Technology a buy or a sell?

In the last year, there was no coverage of Microchip Technology published on Stockchase.

Is Microchip Technology a good investment or a top pick?

Microchip Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Microchip Technology.

Why is Microchip Technology stock dropping?

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.

Is Microchip Technology worth watching?

0 stock analysts on Stockchase covered Microchip Technology In the last year. It is a trending stock that is worth watching.

What is Microchip Technology stock price?

On 2024-12-13, Microchip Technology (MCHP-Q) stock closed at a price of $59.93.