Super Micro Computer(SMCI)
Search documents
Forget Super Micro Computer: Billionaires Are Selling It and Buying These 6 Artificial Intelligence (AI) Stocks Instead
The Motley Fool· 2024-03-25 09:06
It's been three decades since there's been a next-big-thing investment trend that's captivated the attention of professional and everyday investors quite like the artificial intelligence (AI) revolution. Just as the advent of the internet changed the course of corporate America 30 years ago, there's a growing belief that AI can lead to that next leap in economic growth and innovation.The wide-ranging potential for AI to transform virtually every sector and industry isn't lost on Wall Street or its top-tier ...
SMCI Stock: Why Chasing the ‘Obvious' AI Play Could Leave You Burned
InvestorPlace· 2024-03-24 13:28
When the coming gains in a stock are “obvious,” watch out. Sure, it’s easy to envision more upside in Super Micro Computer (NASDAQ:SMCI) stock after its epic bull run. However, if short-term traders have already assumed the best-case scenario for Super Micro Computer, then they have already made the easy money and it’s time to take profits.Some value-conscious investors point to Nvidia (NASDAQ:NVDA) stock’s rally as a sign that the artificial intelligence market is too richly valued. Yet, there’s evidence t ...
Super Micro Computer: I Was So Wrong About This AI Compounder (Upgrade)
Seeking Alpha· 2024-03-23 12:30
JHVEPhotoI Was Wrong About Supermicro To say that I was wrong about my cautious thesis on Super Micro Computer, Inc. (NASDAQ:SMCI) in early December 2023 is an understatement. SMCI buyers tossed aside my Hold rating as the leading data center rack solutions provider provided a significant upgrade to its outlook at Supermicro's fiscal second-quarter earnings in late January 2024. As a result, I admit that I've completely misjudged Supermicro's near-term AI growth inflection. The company's marked guidance ...
Forget Super Micro Computing. Here's 1 Artificial Intelligence (AI) Stock to Buy Instead.
The Motley Fool· 2024-03-22 10:40
The artificial intelligence (AI) narrative is in full swing. While megacap technology companies have helped ignite the AI revolution, investors have identified several other businesses playing a leading role.Super Micro Computing (SMCI 8.38%) is an IT architecture company specializing in server rack design and storage clusters. The company works closely with Nvidia, the current poster child for all things AI.With Supermicro's services in high demand, investors have been buying the stock in droves. Despite i ...
Did Super Micro Computer Stock (SMCI) Peak and Reverse Lower?
See It Market· 2024-03-21 20:52
The stock market is beginning to swerve up and down here at elevated levels. This has lead to some winners and some losers… and some winners that may be at risk of being losers!Today we look at key semiconductor stock Super Micro Computer Inc (SMCI) and highlight why it could be creating a bearish reversal this month. The chart below is a long-term “monthly” chart so we can see the trend, as well as individual candlesticks. As you can see, the trend is very bullish (lower left to upper right). But the tu ...
Super Micro Computer (SMCI) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-03-20 22:51
Super Micro Computer (SMCI) closed at $896.47 in the latest trading session, marking a -1.59% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 1.25%.Shares of the server technology company witnessed a gain of 15.67% over the previous month, beating the performance of the Computer and Technology sector with its gain of 3.77% and the S&P 500's gain of 3.56%.The inve ...
Where Will Super Micro Computer Stock Be in 1 Year?
The Motley Fool· 2024-03-20 20:39
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Buy Alert: This may be the best chance to get SMCI stock at a big discount
Finbold· 2024-03-20 15:24
While there has hardly been a shortage of excitement in the stock market since the start of 2024, few stocks have made moves as big as Supermicro Computer (NASDAQ: SMCI). The company grabbed the attention of analysts, investors, and technology enthusiasts by going through a massive single-quarter rally which has seen it rise from approximately $285 to, at several points, more than $1,000 per share.Supermicro – having ridden the artificial intelligence (AI) boom in a big way in 2024 – announced late on March ...
Super Micro Computer Is Sliding Again. Has the Hot AI Stock Already Peaked?
The Motley Fool· 2024-03-19 15:47
Shares of Super Micro Computer (SMCI -10.91%) were sliding for the second day in a row today. Following a sell-off yesterday that seemed related to its inclusion in the S&P 500, Supermicro stock was down sharply again on Tuesday, this time on news of a secondary offering.The high-flying AI server specialist filed this morning to sell 2 million shares, diluting existing shareholders by approximately 3.6%. The company said it planned to use those proceeds for capital support of its operations, the purchase of ...
Super Micro Computer stock tumbles on plan to sell 2M shares
Proactive Investors· 2024-03-19 15:20
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...