Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Microchip Technology (MCHP - Analyst Report).

This specialized semiconductor manufacturer recently delivered better-than-expected results for its fiscal 2015 third quarter as both sales and earnings per share topped consensus estimates. It has seen significant increases in estimates as a result. The company also offers solid growth potential and a strong dividend yield while trading at a reasonable price.

But what else should investors take away from this company? Watch our short video below to learn more about this growth and income stock!

Video length: 00:3:36