Risk Topography Signals a Contrarian Opportunity for Microchip (MCHP) Stock Options

Among tech companies, Microchip Technology (MCHP) is one of the more difficult names to decipher. As a developer and manufacturer of microcontrollers, memory and interface products for embedded control systems, Microchip represents one of the important cogs in the broader semiconductor industry. At the same time, investors haven’t exactly been thrilled with MCHP stock and its performance. It’s not that the return is bad, per se. Since the start of the year, MCHP stock has gained over 13%. With a trailing ...