Tech company update
For mature technology companies that produce profits, a price-to-earnings ratio is a useful metric. But for younger companies, it’s more important that earnings are moving toward profit and that revenue is growing.
Monolithic Power Systems (MPWR) is one of the best tech stocks to buy now because it’s getting a lift from all things AI. Its rack power modules supply the juice needed to run AI data centers, and Nvidia (NVDA), Alphabet (GOOGL), and Advanced Micro Devices (AMD) are among its customers.
Gainsight specializes in product experience software and customer success. The venture-backed enterprise helps businesses grow by increasing upsell, driving customer advocacy, and orienting around the customer.