Microchip Technology: Valuation Is Too Steep For My Liking

My previous investment thought on Microchip Technology ( MCHP ) was a downgrade to a hold rating because the turnaround that I expected did not play out. Fast forward to today, and the recent Q3I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to ident ...