$SUPER MICRO COMPUTER INC(SMCI)$ A couple of reasons to hold: 1) forward (2 months for end of fiscal year) P/E = 720/24 = 29 2) 48mil float shares, only 8.7 mil shares owned by retailer investors. 3)New member of S&P 500. 4) 15 billion backlog. 5) Chip supply improvement 6)Today there are 5 analyst raised their price target after the ER: B of A: 1080, Wedbush: 800, Loop Capital: 1500, Barclays: 1000.
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