Potential 70% SMCI stock surge spells hope for stock market

The stock market has been turbulent lately, facing challenges like geopolitical tensions, the underperformance of key players, and the possibility of no interest rate cuts this year, according to FED chair Jerome Powell. Amidst this uncertainty, Super Micro Computer (NASDAQ: SMCI) stands out as a beacon of hope.Analysts from Loop Capital are optimistic about SMCI stock, believing it still has room to grow. They’ve set a $1,500 price target for SMCI shares and maintained a ‘buy’ rating, suggesting a potentia ...