Super Micro Computer, Inc. Stock News

Nvidia, Broadcom, and Advanced Micro Devices also stand to benefit, this analyst says.

The three stocks in this analysis all look as if they are trying to go higher, as we head into a long weekend in the USA. This is a market that has been very bullish for some time, and at this point, the market continues to move on the idea

The amazing fact is that SMCI's current extremely modest price/sales ratio of around 1.3 is by far behind P/S ratios of pure value plays like Pfizer and Home Depot. My DCF analysis suggests intrinsic value near $100, indicating significant upside potential. SMCI's aggressive revenue growth, strong AI tailwinds, and deep partnerships with Nvidia, AMD, and Intel reinforce its competitive edge.

Super Micro Computer stock (NASDAQ: SMCI) has experienced a remarkable performance, increasing by nearly 10x over the last three years from approximately $5 per share in June 2022 to about $47 currently, fueled by a surge in demand for server systems driven by the generative artificial intelligence movement. While the stock faced a significant selloff in 2024 – enduring a drawdown of up to 80% ...

The three best-performing stocks on the S&P 500 index over the past three years, as of June 30, are Palantir Technologies (PLTR -4.09%) with a 1,403% return; Super Micro Computer (SMCI -3.61%), 1,116%; and Nvidia (NVDA -2.87%), 943%. The S&P 500 returned 71.6% over this period.

Palantir Technologies is on an unstoppable tear. Even after a strong performance in 2024 where it soared 341%, it's up another 78% so far this year.

The three major tech stocks in the US that I am watching today all look a bit mixed, perhaps because of the overall noise and over extension of some of these companies.

Super Micro Computer stock (NASDAQ:SMCI) surged nearly 10% in last week's trading and is up approximately 58% year-to-date. What is behind the recent gains?