10 Stocks That Will Make You Rich In 2025

4. Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Analysts Upside Potential: 50.62%

Monolithic Power Systems, Inc. (NASDAQ:MPWR) specializes in creating power management solutions for various electronic devices. The company does not manufacture its own chips instead, it designs and develops semiconductor products and partners with other companies including NVIDIA to produce them. Its semiconductor-based power electronic solutions are used as a powerhouse for various AI chips.

ClearBridge SMID Cap Growth Strategy in its Q2 2024 investor letter mentioned Monolithic Power Systems, Inc. (NASDAQ:MPWR) to be one of the top individual contributors to its portfolio. The firm showed confidence that strong demand for AI and data center components can drive MPWR performance higher. The anticipation stood true as the company delivered record quarterly revenue of $620.1 million, representing a 22% increase compared to the previous quarter and a 30% increase from the same quarter last year. Its Enterprise Data segment which deals with providing power management solutions specifically tailored for data centers and computing environments grew more than 86% year-over-year to reach $184.5 million. In addition, the Communication Segment also experienced a remarkable 65% increase in revenue compared to the prior quarter, attributed to new product introductions in Wi-Fi, optical networking, and router solutions. It is one of the best 10 stocks that will make you rich in 2025.

ClearBridge SMID Cap Growth Strategy stated the following regarding Monolithic Power Systems, Inc. (NASDAQ:MPWR) in its Q2 2024 investor letter:

“Another top individual contributor was Monolithic Power Systems, Inc. (NASDAQ:MPWR), in the IT sector, which makes semiconductor-based power electronics for the computing and storage, automotive, industrial, communications, and consumer markets. Continued demand for AI-related companies and beneficiaries and anticipation of greater demand for data center components such as power management hardware for CPUs helped drive strong performance in the quarter. We believe Monolithic is one of the most attractive semiconductor plays within the SMID universe and that the company will continue to gain share in analog semiconductors as it wins design contracts.”