$SUPER MICRO COMPUTER INC(SMCI)$ Super Micro, rightfully, is a better buy than NVIDIA due to more growth potential and lower valuation. SMCI has a Zacks Rank #2 (Buy) at present.
Notable brokerage companies have also jacked up the average short-term price target of SMCI by 45.7% from the server solution provider’s last closing price of $628.80. The analysts’ highest price target is at $1,500.
To top it off, Super Micro has generated profits competently since SMCI has a return on equity (ROE) of 30.6%. Any ROE of more than 20% is generally considered very strong.
Separately, NVIDIA, at the moment, has a Zacks Rank #3 (Hold).
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