Billionaire Chris Rokos’ Top 15 Stock Picks

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

Number of Hedge Fund Holders: 38  

Rokos Capital Management’s Stake: $70.7 million 

Monolithic Power Systems, Inc. (NASDAQ:MPWR) engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The following factors make the company a prime candidate for investment. Firstly, as per the reports of the third quarter of 2024, revenue was $620.1 million for the quarter ended September 30, 2024, a 22.2% increase from $507.4 million for the quarter ended June 30, 2024, and a 30.6% increase from $474.9 million for the quarter ended September 30, 2023. This demonstrates the company’s ability to expand in its target markets and the increase in demand for its power solutions. Secondly, the company is expanding into the automotive sector, focusing on developing power solutions tailored for electric vehicles (EVs). This move aims to capitalize on the growing demand for energy-efficient power systems in the automotive industry.

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