Monolithic Power Systems: Holding Steady, With AI Upside Still In Play

Core Viewpoint - The article discusses the investment thesis for Monolithic Power Systems (NASDAQ: MPWR), highlighting its valuation multiples being near historically low levels and expressing strong conviction in the company's potential for growth [1]. Company Overview - Monolithic Power Systems is positioned in the semiconductor sector, which is characterized by high barriers to entry and oligopolistic market structures [1]. - The analyst has a beneficial long position in MPWR shares, indicating confidence in the company's future performance [1]. Investment Strategy - The investment approach emphasizes growth at a reasonable price, focusing on mid- to long-term investment horizons [1]. - The analyst expresses a preference for investing in larger companies, as smaller firms often carry underestimated risks [1]. Analyst Background - The analyst has a background in mechanical engineering and has transitioned from the oil and gas sector to focus on technology investments, particularly in semiconductors, robotics, and energy [1]. - The analyst holds a CFA Level II certification and is licensed by the Brazilian Securities Commission as both a portfolio manager and investment consultant [1].