SMCI Stock: Why Chasing the ‘Obvious' AI Play Could Leave You Burned

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 ...