Super Micro's stock has surged 900% in a year. Why BofA is making a ‘buy' call.

Is it too late to buy shares of Super Micro Computer Inc., which have surged about 180% over the past month and rocketed some 900% over the past 12 months? Not according to BofA Securities analyst Ruplu Bhattacharya, who initiated coverage of the server maker’s stock with a buy rating and $1,040 price objective. He said Super Micro’s SMCI potential may not be fully appreciated by investors. “We... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from an ...