We came across a bearish thesis on Littelfuse, Inc. on Quality Value Investing’s Substack by David J. Waldron. In this article, we will summarize the bulls’ thesis on LFUS. Littelfuse, Inc.'s share was trading at $253.56 as of December 1st. LFUS’s trailing and forward P/E were 53.42 and 20.33 respectively according to Yahoo Finance. Littelfuse Incorporated (LFUS), a long-standing small-cap electronics manufacturer in the information technology sector, is reexamined in this updated coverage to determine w ...

Investment Rating - The report assigns a "Buy" rating for JCET Group with a target price of Rmb42, indicating an expected share price return of 9.8% and a total expected return of 10.1% [6][8]. Core Insights - JCET management is optimistic about growth in computing and automotive sectors, despite facing near-term volatility due to resource adjustments [1]. - The company is strategically reallocating resources from legacy RF SiP orders to focus on new opportunities, including edge AI and power modules [4]. - The outlook for 2026 is strong, driven by increasing memory demand and high-performance computing (HPC) capacity, particularly in the automotive sector, which saw over 130% year-on-year revenue growth in the first nine months of 2025 [5]. Revenue Mix - The revenue mix for 3Q25 is as follows: Communication (35%), Consumer (27%), Computing (20%), Industrial/Medical (9%), and Automotive (10%) [2]. Capacity Utilization - Overall capacity utilization rate (UTR) reached 80% in 3Q25 and is expected to improve to 80%-85% in 4Q25, with domestic capacities nearly fully utilized [3]. Strategic Focus - JCET is reducing some legacy orders to focus on developing future opportunities, which management believes will lead to higher revenue and profitability in the long term [4]. Growth Expectations - The demand for computing is robust, driven by domestic HPC needs, and automotive revenue is expected to continue growing with new capacity coming online [5].

Core Insights - Monolithic Power Systems, Inc. (MPWR) is recognized as a high-growth semiconductor stock with profitability projected for 2025, supported by its strong position in the AI chip power management market [1][2]. Revenue Growth - The company has achieved a remarkable 34.3% revenue growth over the past 12 months, primarily driven by significant market share gains in Nvidia's Blackwell Ultra B300 HGX AI chips [2]. - Monolithic Power has captured a 50% market share of the B300 HGX platform, largely due to supply constraints that have hindered competitors [2]. Financial Projections - KeyBanc Capital Markets anticipates that Monolithic Power will secure substantial business from Nvidia's Rubin R200 HGX platform, leveraging its advantages from the B300 HGX platform [3]. - The revised financial outlook indicates that the Enterprise segment is expected to decline by only 4% in 2025, an improvement from the previously forecasted 10% decline by management [3]. Company Overview - Monolithic Power Systems specializes in designing and developing high-performance integrated power solutions, including DC-to-DC converters, power modules, motor drivers, and power management chips [4].