MPWR Long

139
Monolithic Power Systems ( MPWR ) is a great stock that has been beaten down for no reason at all, its profit margins are elevated compared to sector peers and it's P/E ratio is lower than it's sector peers, meaning that the stock is undervalued in terms of fundamentals. Technical base, the stock was on a rising wedge and it dumped off of it, it's currently at buy range and its consistent earnings growth should push the stock higher.

PT: 1000 (±5)
Current price: 629.84

Penafian

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