5 Best Performing Dividend Stocks So Far in 2026

3. Power Integrations, Inc. (NASDAQ:POWI)

YTD Returns as of May 5: 101.2%

On May 4, Power Integrations, Inc. (NASDAQ:POWI) named Michael Balow as Senior Vice President of Worldwide Sales, effective immediately. Balow is scheduled to join the company’s executive management team and take charge of its global sales organization, channel strategy, and growth efforts.

Mr. Balow brings more than 30 years of experience in semiconductor sales and business development. Most recently, he served as executive vice president of sales at onsemi, where he led a global sales team across the automotive, industrial, sensing, and power solutions markets. Jen Lloyd, president and CEO of Power Integrations, made the following statement:

“Mike brings an outstanding record of building high-performance sales organizations, along with deep knowledge of power semiconductors. He will be instrumental in strengthening our relationships with customers while accelerating our penetration of high-growth markets like data center, automotive, and industrial. We are thrilled to welcome Mike to our executive leadership team.”

Power Integrations, Inc. (NASDAQ:POWI) develops semiconductor technologies for high-voltage power conversion. Its products are widely used in the clean-power ecosystem and support renewable energy generation.