Growing Margins Could Help Microchip Technology Stock Regain Early-2021 Highs
- Thursday, July 8, 2021, 7:14
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Despite a 2.5x rise from its low in March 2020, at the current price of $145 per share, we believe Microchip Technology stock has further upside potential. Microchip stock rose from $58 in March 2020 to $145 currently, while the S&P increased by around 90% from its lows. Further, the stock is up…