2024-06-18 10:56:58 ET
Summary
- Super Micro Computer, Inc. has rallied strongly in 2024, but sold off over 40% since reaching a peak.
- Super Micro Computer's latest earnings show promising growth potential, with strong revenues and margins, supported by liquid cooling demand.
- Despite risks such as cooling demand for AI chips, Super Micro Computer stock is undervalued and shows bullish technical indicators for further upside.
Thesis Summary
Super Micro Computer, Inc. ( SMCI ) has rallied strongly in 2024, but also sold-off over 40% since reaching a peak....
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Super Micro Computer: Last Chance To Buy (Rating Upgrade)