Monolithic Power Systems stock saw its IBD SmartSelect Composite Rating rise to 98 Monday, up from 93 the day before.
Lean How — And When — To Sell Stocks
The revised score means the stock currently tops 98% of all other stocks in terms of key performance metrics and technical strength.
Is Monolithic Power Systems Stock A Buy?
Monolithic Power Systems stock is currently extended beyond a proper buy zone after breaking out from a 755.00 entry in a cup without handle.
The stock sports a 98 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 98% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
MPWR Earnings
The chipmaker reported a 33% increase in earnings for Q2. Top line growth came in at 31%, down from 39% in the prior quarter.
Monolithic Power Systems stock earns the No. 7 rank among its peers in the Electronics-Semiconductor Fabless industry group. Astera Labs, Advanced Micro Devices and Broadcom are among the top 5 highly-rated stocks within the group. For more industry news, check out "Chip Stocks And Semiconductor Industry News."
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