Reported 6 months ago
Super Micro Computer (NASDAQ: SMCI) has seen substantial gains in 2024, with a 176% increase. Despite this growth, there is potential for more upside given the company's strong performance and growth opportunities, especially in AI servers. Analysts project a 31% to 91% increase in stock value, with a high outlook on future revenue and earnings growth. With a relatively attractive valuation and continued positive catalysts, Super Micro stock remains a viable investment option for those considering the tech industry.
Source: YAHOO