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Quanta Surges Past Monolithic Power Systems As It Claims The #43 Spot In The S&P 500 Quanta Surges Past Monolithic Power Systems As It Claims The #43 Spot In The S&P 500

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In a seismic shift, an analysis of analyst recommendations at the major brokerages has revealed that Quanta Services, Inc. (Symbol: PWR) has triumphantly overtaken the #43 spot from Monolithic Power Systems Inc (Symbol: MPWR) within the S&P 500 index, as reported by ETF Channel. Witness the striking graph depicting Quanta Services, Inc. versus Monolithic Power Systems Inc and the evolution of their respective ranks within the S&P 500 over time (PWR plotted in blue; MPWR plotted in green).

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Below is an enlightening three-month price history chart comparing the stock performance of PWR vs. MPWR:

PWR,MPWR Relative Performance Chart


As the market heats up, PWR currently experiences a nominal 0.6% decline, while MPWR faces a relatively steeper 2.2% decrease midday Thursday. It’s quite the spectacle to behold.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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