Trade a short squeeze into earrings with Microchip Tech.
Contrarian is sometimes best, we look for something that everyone hates and have low expectations on, MCHP certainly fits that rationale, which is confirmed by the high short interest. AS earnings approach we see a good risk reward trade with a tight stop loss, anything positive after hours could lead to a nice short squeeze.
AVERAGE ANALYSTS PRICE TARGET $106
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 58
SHORT INTEREST 15 %
COMPANY PROFILE
Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment involves in the designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one time programmable technologies. The company was founded on February 14, 1989 and is headquartered in Chandler, AZ.
AVERAGE ANALYSTS PRICE TARGET $106
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 58
SHORT INTEREST 15 %
COMPANY PROFILE
Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment involves in the designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one time programmable technologies. The company was founded on February 14, 1989 and is headquartered in Chandler, AZ.
Anmerkung
thankfully the prediction was better than the grammar
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.