RichVintage The History Of My SMCI Coverage Looking back, I find it hard to believe that I initiated my coverage of Super Micro Computer, Inc (NASDAQ:SMCI) with a "Strong Buy" rating back on December 06, 2022, when 1 share was trading at $83.35: Seeking Alpha Back then, 2 years ago, few people would have thought that this company could become a real multi-bagger. My estimates of growth potential were also far below what SMCI has actually shown in recent months. Anyway, I continued to cover the stock reg ...

Super Micro Computer (NASDAQ: SMCI) stock price has gone parabolic as the Fear of Missing Out (FOMO) continues. It surged to an all-time high of $1,160 on Thursday and continued with the rally in the pre-market session. This means that the company has jumped by over 307% this year and over 1,100% in the past 12 months. In other words, $10,000 invested in the stock in January 2023 is now worth over $40,000. The company’s market cap has surged to over $65 billion. Super Micro Computer stock price has broken t ...

The past year has been phenomenal for Super Micro Computer (SMCI 3.12%) investors; shares of the server manufacturer have shot up a stunning 1,090% over the past 52 weeks. Investors have been buying Supermicro stock hand over fist thanks to the booming demand for its solutions that are being deployed in artificial intelligence (AI) servers.Supermicro's impending inclusion in the S&P 500 index has further added to investors' enthusiasm. The stock is now trading at an all-time high of just over $1,161 followi ...

Less than a month after making an all-time high (ATH), the shares of Super Micro Computer Inc. (NASDAQ: SMCI) have again broken their price record, alongside flashing a signal that could flip that positive trend and turn it into a sell-off following the new ATH.As it happens, the SMCI stock has reached the second most overbought level in history on its weekly chart, in addition to still boasting the highest weekly relative strength index (RSI), according to the observations by analytics platform Barchart in ...

The artificial intelligence trend is still in full swing, and right now the market is enamored with AI server manufacturer Super Micro Computer (NASDAQ:SMCI). However, even if you’re ultra-bullish about AI hardware, there’s no need to pay an exorbitant price for SMCI stock.Granted, Super Micro Computer posted impressive quarterly results and is about to be included in a major stock index. On the other hand, the market is highly efficient and already knows about these events. This looks like a case of overea ...

The momentum driving Super Micro Computer's (SMCI 4.47%) sharp rise is continuing Wednesday. Supermicro shares rose as much as 7% in morning trading and were still about 4% higher by mid-afternoon. Those gains came in the wake of an earnings report from cybersecurity leader CrowdStrike that impressed Wall Street and strengthened the notion that demand for computing power is continuing to increase.The stock has delivered a remarkable 300% jump year to date, and Supermicro and its insiders are taking advantag ...

Super Micro Computer (SMCI 3.97%), also known as Supermicro, continued to gain ground on Wednesday after a brief pause. The stock was up by as much as 7.2% in morning trading, and as of 11:35 a.m. ET, it was still up by 4.2%.The catalyst that sent the artificial intelligence (AI) server maker higher Wednesday was (more) rosy coverage from a Wall Street analyst.A Street-high price targetThe latest bullish commentary came courtesy of Argus Research analyst Jim Kelleher, who initiated coverage on Supermicro wi ...

Super Micro Computer Inc is in the red today after an insider sold 5,000 shares of the artificial intelligence server company.How many shares of $SMCI did he sell?Copy link to sectionSherman Tuan – an independent director of Supermicro unloaded about $4.37 million worth of $SMCI on Monday. He still, however, owns over 22,000 shares of the California-based company. The insider trimmed his stake in Super Micro Computer following a close to 300% year-to-date rally in its shares.Earlier this week, a Goldman Sac ...

One of the hottest trades - Super Micro Computer (SMCI) – is set to enter the S&P 500 Index on quarterly rebalance, replacing Whirlpool. The move came on the back of its historic rally as the stock soared more than twentyfold over the past two years and over 200% just since the start of 2024. Super Micro jumped 19% to a new all-time high following the news, propelling its market cap to $60 billion (read: Time to Buy Super Micro (SMCI) Heavy ETFs as It Joins S&P 500?).Super Micro’s inclusion in the S&P 500 i ...

Super Micro Computer (SMCI -3.75%) stock is slipping in Tuesday's trading. The server-technology specialist's share price was down 5.5% as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.While there isn't any business-specific news pulling Supermicro stock lower today, the company's share price is slipping as investors weigh risks in the artificial intelligence (AI) space. In particular, investors are feeling a bit more cautious about companies in the category after reports emerged t ...