The Vault #7 Monolithic Power System

Bringing more insights, more data, more value to The Vault.

🧿 Buys This Week Next Week

(Buy Monday) Monolithic Power Systems (MPWR)

Back in. Power chips, high margins, no debt, no drama. While the AI party rages elsewhere, MPWR keeps compounding under the radar — in EVs, cloud servers, and industrial automation. Profitable growth without the hype. Quiet > noisy!!! I’m adding 1 (one share) Monday.

(Buy Monday) TotalEnergies (TTEF.PA)

Energy major, but not your typical oil dinosaur. Integrated across oil, gas, renewables, storage, and LNG — with monster cashflows and a 6% dividend yield. Trading at ~6× earnings while pivoting toward low-carbon, unlike other oil and gas stocks. I’m buying 5 more shares as a long-term core position and increased conviction.

(Buy Monday) Veolia (VIE.PA)

Europe’s water & waste juggernaut. Management just upgraded synergy targets post-Suez merger (+€450M). Huge operational leverage, infrastructure moat, and growing demand tailwinds from water scarcity. Boring? Maybe. But this is the kind of boring that mints serious cash. Adding 3 shares Monday.

📊 Watchlist This Week

🧿 Exciting IPOs? (Still Probably No-Go)

Liquidmetal Technologies (LQMT)

Tiny US microcap with some cool tech (amorphous alloys) — but still bleeding money with ~$0.28M in Q1 revenue. They’ve been “almost there” for a decade. Hard pass for now.

🧠 Notable Macro Signal

Small-caps rebounding in June?

On Friday, June 6, the Russell 2000 jumped +1.6%, outperforming the S&P 500, Nasdaq, and Dow. The trigger? A stronger-than-expected U.S. jobs report — but the move was already brewing. Let’s dive in the opportunity now: