Jasmin Merdan/Moment via Getty Images The first question that comes to mind after this huge run-up in share price is whether Super Micro Computer (NASDAQ:SMCI) still has gas in the tank to continue appreciating in value. Since January 2023, the stock has returned 2.23x before pulling back -20% on February 16, 2024. A -20% pull on share price should raise an alarm bell for any prudent investor; however, looking at the recently filed Form 4, it appears that Don Clegg, SVP of Sales sold a large block going ...

The current meme stock mania is somewhat different than the one we witnessed at the peak of the pandemic, says Caleb Silver – the editor in chief at Investopedia.How is current meme stock mania different?Copy link to sectionSilver does agree that the bubble in some of these stocks may not hold up. But he’s convinced that a bunch of others like Super Micro Computer Inc (NASDAQ: SMCI) “have good stories” too. On CNBC’s “Last Call”, the renowned journalist said on Monday:SMCI has a huge business, a real busine ...

SOPA Images/LightRocket via Getty Images While Super Micro Computer (NASDAQ:SMCI) doesn't create the advanced chips leading the AI revolution, the provider of server and storage solutions is still participating in the same level of growth, if not faster. The stock recently had a remarkable month, leading to Super Micro topping $1,000 per share. My investment thesis is Neutral on the stock, especially after Super Micro plunged $200 to end the trading week down at $803, some $275 below the all-time high o ...

Data center systems provider Super Micro Computer (SMCI -19.99%) has been a darling of Wall Street lately. Its shares have soared 950% over the past year and have been on a parabolic move recently.The stock has tripled in just the last month, but one Wall Street analyst thinks Supermicro, as it is known, still has more room to run. Bank of America Securities analyst Ruplu Bhattacharya began coverage on the supplier of accelerated computing server systems with a buy rating and a $1,040 price target. That wou ...

Artificial intelligence (AI) came of age in 2023, and while the technology has been around in one form or another for decades, recent advances have captivated Wall Street and Main Street alike. As a result of the ensuing AI gold rush, investors are taking a fresh look at companies best suited to profit from the latest secular tailwinds.One such company is Super Micro Computer (SMCI -19.99%), also known as Supermicro. The company has been supplying high-end servers since 1993 but has only recently captured t ...

Is it Too Late to Buy SMCI Stock?Is it too late to get into SMCI after this parabolic run? Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.Is It Too Late to Buy SMCI Stock?While we’ve all been enamoured with the performance of chip giant NVIDIA ($726.13|-0.06%) this year, there is another semiconductor stock that has demolished NVIDIA’s returns. That’s right, I’m talking about ...

The share price of Super Micro Computer (NASDAQ: SMCI) has experienced a recent surge, reaching new heights due to the company’s strategic focus on the growing artificial intelligence (AI) trend. Notably, investor confidence in the stock propelled SMCI to an all-time high of $1,077 during early Friday, February 16 trading.However, the stock failed to maintain momentum above the $1,000 level, concluding Friday’s trading session with a nearly 20% decline, settling at $803. This marked the end of a nine-day wi ...

Super Micro Computer (SMCI -19.99%) stock has crushed the broader market in the past three years, with eye-popping gains of almost 2,990%, outpacing the tech-heavy Nasdaq-100 Technology Sector index's return of just 22% by a huge margin.You may be wondering if it is worth buying Supermicro, as it is commonly known, shares now following their stunning surge. The good news is that the stock for this producer of high-performance and high-efficiency computer servers trades at less than 5 times sales as of this ...

Super Micro Computer (SMCI -19.99%) stock got crushed in Friday's daily trading. The server and storage technology specialist's share price closed out the daily session down 20%, according to data from S&P Global Market Intelligence.Notably, Supermicro stock actually started Friday's trading session on a bullish note. The company's share price had been up as much as 7.4% early in the day. The initial gains may have been thanks to the unveiling of Sora -- OpenAI's new text-to-video artificial intelligence so ...

Super Micro Computer (SMCI) made a sharp bearish reversal in heavy volume after topping the 1,000 level and making an all-time high Friday morning. The abrupt change in direction sent investors scrambling for their next move.X Super Micro Computer stock opened higher but gains vanished in the first half-hour of trading. In midday trading, shares were down about 12% in volume nearly six times its average.Explosive moves such as SMCI's cannot be sustained. The stock had tripled from its breakout at 357 in Jan ...