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Microchip Technology Incorporated (MCHP) [hlAlert]

up 106.32 %

Microchip Technology Incorporated (MCHP) rated Buy with price target $34 by Caris & Company

Posted on: Thursday,  May 6, 2010  9:44 AM ET by Caris & Company

Caris & Company rated Buy Microchip Technology Incorporated (NASDAQ: MCHP) on 05/06/2010. Previously Caris & Company rated Buy Microchip Technology Incorporated (NASDAQ: MCHP)
on 05/19/2009., when the stock price was $20.71. Since then, Microchip Technology Incorporated has gained 106.33% as of 01/15/2016's recent price of $42.73.
If you would have followed the previous Caris & Company's recommendation on MCHP, you would have gained 106.32% of your investment in 2432 days.

Microchip Technology, Inc. develops and manufactures specialized semiconductor products used by its customers for a wide variety of embedded control applications. Its product portfolio comprises microcontrollers; application-specific standard products; and related mixed-signal and memory products. The company markets its products to the consumer, automotive, office automation, communications andindustrial markets.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 9:25 AM Buy
29.26 34.00
as of 12/31/2010
1 Week up  6.51 %
1 Month up  8.50 %
3 Months up  15.96 %
1 YTD up  25.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/6/2010 9:25 AM Buy
29.26 34.00
9/9/2009 9:25 AM Buy
26.92 32.00
5/19/2009 9:25 AM Buy
20.71 26.00

(*) Stock Price at the time of the recommendation.
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