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Composite Rating For Chipmaker Monolithic Power Systems Stock Rises To 96

The IBD SmartSelect Composite Rating for Monolithic Power Systems (MPWR) rose from 93 to 96 Wednesday.




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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.

Monolithic Power Systems broke out earlier, but is now trading around 5% above the prior 406.85 entry from a consolidation. The stock is considered extended and not in an optimal buying zone. It’s best to wait for a new pattern to form. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips. Also, check out “Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks.”

 


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The chipmaker earns a 97 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 97% of all stocks.

Its Accumulation/Distribution Rating of D shows moderate selling by institutional investors over the last 13 weeks. Look for the rating to improve to at least a C or better.

The company posted a 68% earnings-per-share gain for Q2. That means it’s now delivered two straight quarters of rising EPS growth. Revenue growth climbed 58%, up from 53% in the prior report. The company has now posted increasing growth in each of the last two quarters.

Monolithic Power Systems stock earns the No. 3 rank among its peers in the Electronics-Semiconductor Fabless industry group. Nvidia (NVDA) is the No. 1-ranked stock within the group. For more industry news, check out “Chip Stocks And Semiconductor Industry News.”

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