Professional
Added to YB: 2024-08-16
Pitch date: 2024-07-19
MCHP [bullish]
Microchip Technology Incorporated
-23.04%
current return
Author Info
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Company Info
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.
Market Cap
$27.5B
Pitch Price
$87.29
Price Target
N/A
Dividend
3.58%
EV/EBITDA
34.95
P/E
-112.45
EV/Sales
7.76
Sector
Semiconductors and Semiconductor Equipment
Category
N/A
Show full summary:
Invesco Summit Fund New Position: Microchip Technology Incorporated
MCHP: Microcontroller maker poised for growth as inventory clears. Key beneficiary of digital tech expansion. Potential upside as excess stock reduces, improving sales and margins.
Read full article (1 min)