Jim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’-To The Moon - Tiger Brokers Online Investing Community

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Jim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’

Insider Monkey12-12

We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks ...

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JRM1021
·12-12
This is old news
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bluekiwiseed
·12-12
I wouldn't recognise this news. Jim Cramer's words are not meant for retail traders like us on tigerbroker. He's willing to sacrifice $20 soar, because he has the capital to do it and to spend on other things. This is not the mentality for a retail trader.
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In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html","article_id":"2490827728","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/AGbqakSewL3GzgtZ1acH.Q--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/d3570b25b4644d37337745a1eaa233d5"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490827728","pubTimestamp":1733983617,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. 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In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks highlighted in Jim Cramer's latest calls.\nJim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.\n\n“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”\n\nCramer said he likes the idea of Bitcoin being the store of value and said he always recommended investors to allocate 10% of their portfolio to the currency. However, he again urged investors to look to stocks for the rest of their portfolios.\n\n“I heard Fed Chief J. Powell talk about how he believes people are buying Bitcoin as a store of value, like gold, because there’s not much transaction done in Bitcoin. I’ve always endorsed keeping up to 10% of your portfolio in gold as a kind of insurance against the world’s lunacy. But for years now, I’ve also been saying Bitcoin is a fine alternative to gold for that 10% position. Why not?\nI think the federal budget deficit is at impossible levels…Sure, you might have been all in on Bitcoin. You know what? Terrific. Me too. But what if I told you there are indeed other ideas hidden in plain sight in the stock market? Ideas that you could have owned with the other 90% of your portfolio that wasn’t Bitcoin.”\n\nCramer then mentioned a few stocks that have posted dramatic gains since their IPOs to show investors the power of stock investing.\nREAD ALSO: Jim Cramer’s Latest Lightning Round: 11 Stocks to Watch and Jim Cramer on AMD and Other Stocks\nFor this article, we watched the latest programs of Jim Cramer and picked 10 stocks he recently talked about. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A team of technicians in a server room, testing and managing the newest server solutions. \nSuper Micro Computer Inc (NASDAQ:SMCI)\nNumber of Hedge Fund Investors: 33\nIn late November, Jim Cramer was asked about Super Micro Computer Inc (NASDAQ:SMCI). Cramer said he won’t go back to the stock amid alleged accounting irregularities.\n\n“My view is accounting regularities equals sell, and I never go back. I will be happily willing to miss another 20 points; it doesn’t matter. Accounting irregularities equal sell has saved me millions of dollars.”\n\nHowever, Super Micro Computer Inc (NASDAQ:SMCI) shares soared recently after the company said an investigation found no misconduct in the company’s accounting practices. The firm also said it will be replacing its finance chief.\nCarillon Scout Mid Cap Fund stated the following regarding Super Micro Computer, Inc. (NASDAQ:SMCI) in its Q2 2024 investor letter:\n\n“Super Micro Computer, Inc. (NASDAQ:SMCI) was the top detractor to returns in the second quarter. Super Micro designs and manufacturers server solutions based on modular and open-standard architecture. This modular approach combined with a strong engineering culture helps the company to supply the market with advanced servers and rack-scale compute solutions quickly. After an impressive return in the first quarter, the company offered disappointing near-term earnings guidance, though we do not believe its long-term opportunity has diminished. We expect continued strong growth for several years, although the range of outcomes is quite wide; it is difficult to forecast AI server market growth with precision.”\n\nOverall, SMCI ranks 7th on our list of stocks highlighted in Jim Cramer's latest calls. While we acknowledge the potential of SMCI, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMCI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":380791312658576,"gmtCreate":1733997949038,"gmtModify":1733997952960,"author":{"id":"3577660153490836","authorId":"3577660153490836","name":"JRM1021","avatar":"https://community-static.tradeup.com/news/4133c05f070186e0d0bbe9e26001fc18","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3577660153490836","authorIdStr":"3577660153490836"},"htmlText":"This is old news","listText":"This is old news","text":"This is old news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380791312658576","repostId":2490827728,"repostType":2,"repost":{"id":"2490827728","kind":"highlight","pubTimestamp":1733983617,"share":"https://ttm.financial/m/news/2490827728?lang=&edition=fundamental","pubTime":"2024-12-12 14:06","market":"us","language":"en","title":"Jim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’","url":"https://stock-news.laohu8.com/highlight/detail?id=2490827728","media":"Insider Monkey","summary":"We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc  stands against other stocks highlighted in Jim Cramer's latest calls.Jim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”","content":"<html><body><p>We recently published a list of <strong>Jim Cramer’s Latest Calls: Top 10 Stocks</strong>. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks highlighted in Jim Cramer's latest calls.</p>\n<p>Jim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.</p>\n<blockquote>\n<p>“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”</p>\n</blockquote>\n<p>Cramer said he likes the idea of Bitcoin being the store of value and said he always recommended investors to allocate 10% of their portfolio to the currency. However, he again urged investors to look to stocks for the rest of their portfolios.</p>\n<blockquote>\n<p>“I heard Fed Chief J. Powell talk about how he believes people are buying Bitcoin as a store of value, like gold, because there’s not much transaction done in Bitcoin. I’ve always endorsed keeping up to 10% of your portfolio in gold as a kind of insurance against the world’s lunacy. But for years now, I’ve also been saying Bitcoin is a fine alternative to gold for that 10% position. Why not?</p>\n<p>I think the federal budget deficit is at impossible levels…Sure, you might have been all in on Bitcoin. You know what? Terrific. Me too. But what if I told you there are indeed other ideas hidden in plain sight in the stock market? Ideas that you could have owned with the other 90% of your portfolio that wasn’t Bitcoin.”</p>\n</blockquote>\n<p>Cramer then mentioned a few stocks that have posted dramatic gains since their IPOs to show investors the power of stock investing.</p>\n<p><b>READ ALSO: </b><b>Jim Cramer’s Latest Lightning Round: 11 Stocks to Watch</b><b> and </b><b>Jim Cramer on AMD and Other Stocks</b></p>\n<p>For this article, we watched the latest programs of Jim Cramer and picked 10 stocks he recently talked about. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points<b> (</b><b>see more details here</b><b>).</b></p>\n<img height=\"816\" src=\"https://s.yimg.com/uu/api/res/1.2/MzeFoo8njA7fPU2zJMnblw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/d3570b25b4644d37337745a1eaa233d5\" width=\"1456\"/> A team of technicians in a server room, testing and managing the newest server solutions. \n<h3>Super Micro Computer Inc (NASDAQ:SMCI)</h3>\n<p><strong><i>Number of Hedge Fund Investors: 33</i></strong></p>\n<p>In late November, Jim Cramer was asked about Super Micro Computer Inc (NASDAQ:SMCI). Cramer said he won’t go back to the stock amid alleged accounting irregularities.</p>\n<blockquote>\n<p>“My view is accounting regularities equals sell, and I never go back. I will be happily willing to miss another 20 points; it doesn’t matter. Accounting irregularities equal sell has saved me millions of dollars.”</p>\n</blockquote>\n<p>However, Super Micro Computer Inc (NASDAQ:SMCI) shares soared recently after the company said an investigation found no misconduct in the company’s accounting practices. The firm also said it will be replacing its finance chief.</p>\n<p>Carillon Scout Mid Cap Fund stated the following regarding Super Micro Computer, Inc. (NASDAQ:SMCI) in its <strong>Q2 2024 investor letter</strong>:</p>\n<blockquote>\n<p>“<b>Super Micro Computer, Inc.</b> (NASDAQ:SMCI) was the top detractor to returns in the second quarter. Super Micro designs and manufacturers server solutions based on modular and open-standard architecture. This modular approach combined with a strong engineering culture helps the company to supply the market with advanced servers and rack-scale compute solutions quickly. After an impressive return in the first quarter, the company offered disappointing near-term earnings guidance, though we do not believe its long-term opportunity has diminished. We expect continued strong growth for several years, although the range of outcomes is quite wide; it is difficult to forecast AI server market growth with precision.”</p>\n</blockquote>\n<p>Overall, SMCI <strong><b>ranks 7th</b></strong> on our list of stocks highlighted in Jim Cramer's latest calls. While we acknowledge the potential of SMCI, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMCI but that trades at less than 5 times its earnings, check out our report about the <b>cheapest AI stock</b><b>.</b></p>\n<p><strong><b>READ NEXT:</b></strong> <strong><b>8 Best Wide Moat Stocks to Buy Now</b></strong><strong><b> and</b></strong><strong><b> 30 Most Important AI Stocks According to BlackRock</b></strong></p>\n<p>Disclosure: None. This article is originally published at <strong><b>Insider Monkey</b></strong><strong><b>.</b></strong></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/AGbqakSewL3GzgtZ1acH.Q--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/d3570b25b4644d37337745a1eaa233d5","relate_stocks":{"BK4588":"碎股","TQQQ":"纳指三倍做多ETF","SMCI":"超微电脑","SQQQ":"纳指三倍做空ETF","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H",".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","PSQ":"纳指反向ETF","BK4601":"加密货币现货ETF","BK4170":"电脑硬件、储存设备及电脑周边","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","QLD":"纳指两倍做多ETF"},"source_url":"https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2490827728","content_text":"We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks highlighted in Jim Cramer's latest calls.\nJim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.\n\n“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”\n\nCramer said he likes the idea of Bitcoin being the store of value and said he always recommended investors to allocate 10% of their portfolio to the currency. However, he again urged investors to look to stocks for the rest of their portfolios.\n\n“I heard Fed Chief J. Powell talk about how he believes people are buying Bitcoin as a store of value, like gold, because there’s not much transaction done in Bitcoin. I’ve always endorsed keeping up to 10% of your portfolio in gold as a kind of insurance against the world’s lunacy. But for years now, I’ve also been saying Bitcoin is a fine alternative to gold for that 10% position. Why not?\nI think the federal budget deficit is at impossible levels…Sure, you might have been all in on Bitcoin. You know what? Terrific. Me too. But what if I told you there are indeed other ideas hidden in plain sight in the stock market? Ideas that you could have owned with the other 90% of your portfolio that wasn’t Bitcoin.”\n\nCramer then mentioned a few stocks that have posted dramatic gains since their IPOs to show investors the power of stock investing.\nREAD ALSO: Jim Cramer’s Latest Lightning Round: 11 Stocks to Watch and Jim Cramer on AMD and Other Stocks\nFor this article, we watched the latest programs of Jim Cramer and picked 10 stocks he recently talked about. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A team of technicians in a server room, testing and managing the newest server solutions. \nSuper Micro Computer Inc (NASDAQ:SMCI)\nNumber of Hedge Fund Investors: 33\nIn late November, Jim Cramer was asked about Super Micro Computer Inc (NASDAQ:SMCI). Cramer said he won’t go back to the stock amid alleged accounting irregularities.\n\n“My view is accounting regularities equals sell, and I never go back. I will be happily willing to miss another 20 points; it doesn’t matter. Accounting irregularities equal sell has saved me millions of dollars.”\n\nHowever, Super Micro Computer Inc (NASDAQ:SMCI) shares soared recently after the company said an investigation found no misconduct in the company’s accounting practices. The firm also said it will be replacing its finance chief.\nCarillon Scout Mid Cap Fund stated the following regarding Super Micro Computer, Inc. (NASDAQ:SMCI) in its Q2 2024 investor letter:\n\n“Super Micro Computer, Inc. (NASDAQ:SMCI) was the top detractor to returns in the second quarter. Super Micro designs and manufacturers server solutions based on modular and open-standard architecture. This modular approach combined with a strong engineering culture helps the company to supply the market with advanced servers and rack-scale compute solutions quickly. After an impressive return in the first quarter, the company offered disappointing near-term earnings guidance, though we do not believe its long-term opportunity has diminished. We expect continued strong growth for several years, although the range of outcomes is quite wide; it is difficult to forecast AI server market growth with precision.”\n\nOverall, SMCI ranks 7th on our list of stocks highlighted in Jim Cramer's latest calls. While we acknowledge the potential of SMCI, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMCI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":380864353226832,"gmtCreate":1733995119412,"gmtModify":1733995123809,"author":{"id":"3581983480536047","authorId":"3581983480536047","name":"bluekiwiseed","avatar":"https://community-static.tradeup.com/news/b09eaefc35a09fef64d138dc9e585465","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":0,"idStr":"3581983480536047","authorIdStr":"3581983480536047"},"htmlText":"I wouldn't recognise this news. Jim Cramer's words are not meant for retail traders like us on tigerbroker. He's willing to sacrifice $20 soar, because he has the capital to do it and to spend on other things. This is not the mentality for a retail trader.","listText":"I wouldn't recognise this news. Jim Cramer's words are not meant for retail traders like us on tigerbroker. He's willing to sacrifice $20 soar, because he has the capital to do it and to spend on other things. This is not the mentality for a retail trader.","text":"I wouldn't recognise this news. Jim Cramer's words are not meant for retail traders like us on tigerbroker. He's willing to sacrifice $20 soar, because he has the capital to do it and to spend on other things. This is not the mentality for a retail trader.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380864353226832","repostId":2490827728,"repostType":2,"repost":{"id":"2490827728","kind":"highlight","pubTimestamp":1733983617,"share":"https://ttm.financial/m/news/2490827728?lang=&edition=fundamental","pubTime":"2024-12-12 14:06","market":"us","language":"en","title":"Jim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’","url":"https://stock-news.laohu8.com/highlight/detail?id=2490827728","media":"Insider Monkey","summary":"We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc  stands against other stocks highlighted in Jim Cramer's latest calls.Jim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”","content":"<html><body><p>We recently published a list of <strong>Jim Cramer’s Latest Calls: Top 10 Stocks</strong>. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks highlighted in Jim Cramer's latest calls.</p>\n<p>Jim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.</p>\n<blockquote>\n<p>“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”</p>\n</blockquote>\n<p>Cramer said he likes the idea of Bitcoin being the store of value and said he always recommended investors to allocate 10% of their portfolio to the currency. However, he again urged investors to look to stocks for the rest of their portfolios.</p>\n<blockquote>\n<p>“I heard Fed Chief J. Powell talk about how he believes people are buying Bitcoin as a store of value, like gold, because there’s not much transaction done in Bitcoin. I’ve always endorsed keeping up to 10% of your portfolio in gold as a kind of insurance against the world’s lunacy. But for years now, I’ve also been saying Bitcoin is a fine alternative to gold for that 10% position. Why not?</p>\n<p>I think the federal budget deficit is at impossible levels…Sure, you might have been all in on Bitcoin. You know what? Terrific. Me too. But what if I told you there are indeed other ideas hidden in plain sight in the stock market? Ideas that you could have owned with the other 90% of your portfolio that wasn’t Bitcoin.”</p>\n</blockquote>\n<p>Cramer then mentioned a few stocks that have posted dramatic gains since their IPOs to show investors the power of stock investing.</p>\n<p><b>READ ALSO: </b><b>Jim Cramer’s Latest Lightning Round: 11 Stocks to Watch</b><b> and </b><b>Jim Cramer on AMD and Other Stocks</b></p>\n<p>For this article, we watched the latest programs of Jim Cramer and picked 10 stocks he recently talked about. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points<b> (</b><b>see more details here</b><b>).</b></p>\n<img height=\"816\" src=\"https://s.yimg.com/uu/api/res/1.2/MzeFoo8njA7fPU2zJMnblw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/d3570b25b4644d37337745a1eaa233d5\" width=\"1456\"/> A team of technicians in a server room, testing and managing the newest server solutions. \n<h3>Super Micro Computer Inc (NASDAQ:SMCI)</h3>\n<p><strong><i>Number of Hedge Fund Investors: 33</i></strong></p>\n<p>In late November, Jim Cramer was asked about Super Micro Computer Inc (NASDAQ:SMCI). Cramer said he won’t go back to the stock amid alleged accounting irregularities.</p>\n<blockquote>\n<p>“My view is accounting regularities equals sell, and I never go back. I will be happily willing to miss another 20 points; it doesn’t matter. Accounting irregularities equal sell has saved me millions of dollars.”</p>\n</blockquote>\n<p>However, Super Micro Computer Inc (NASDAQ:SMCI) shares soared recently after the company said an investigation found no misconduct in the company’s accounting practices. The firm also said it will be replacing its finance chief.</p>\n<p>Carillon Scout Mid Cap Fund stated the following regarding Super Micro Computer, Inc. (NASDAQ:SMCI) in its <strong>Q2 2024 investor letter</strong>:</p>\n<blockquote>\n<p>“<b>Super Micro Computer, Inc.</b> (NASDAQ:SMCI) was the top detractor to returns in the second quarter. Super Micro designs and manufacturers server solutions based on modular and open-standard architecture. This modular approach combined with a strong engineering culture helps the company to supply the market with advanced servers and rack-scale compute solutions quickly. After an impressive return in the first quarter, the company offered disappointing near-term earnings guidance, though we do not believe its long-term opportunity has diminished. We expect continued strong growth for several years, although the range of outcomes is quite wide; it is difficult to forecast AI server market growth with precision.”</p>\n</blockquote>\n<p>Overall, SMCI <strong><b>ranks 7th</b></strong> on our list of stocks highlighted in Jim Cramer's latest calls. While we acknowledge the potential of SMCI, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMCI but that trades at less than 5 times its earnings, check out our report about the <b>cheapest AI stock</b><b>.</b></p>\n<p><strong><b>READ NEXT:</b></strong> <strong><b>8 Best Wide Moat Stocks to Buy Now</b></strong><strong><b> and</b></strong><strong><b> 30 Most Important AI Stocks According to BlackRock</b></strong></p>\n<p>Disclosure: None. This article is originally published at <strong><b>Insider Monkey</b></strong><strong><b>.</b></strong></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Cramer on Super Micro Computer (SMCI): Accounting Irregularities Means Sell – ‘I Never Go Back’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/AGbqakSewL3GzgtZ1acH.Q--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/d3570b25b4644d37337745a1eaa233d5","relate_stocks":{"BK4588":"碎股","TQQQ":"纳指三倍做多ETF","SMCI":"超微电脑","SQQQ":"纳指三倍做空ETF","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H",".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","PSQ":"纳指反向ETF","BK4601":"加密货币现货ETF","BK4170":"电脑硬件、储存设备及电脑周边","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","QLD":"纳指两倍做多ETF"},"source_url":"https://finance.yahoo.com/news/jim-cramer-super-micro-computer-060657700.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2490827728","content_text":"We recently published a list of Jim Cramer’s Latest Calls: Top 10 Stocks. In this article, we are going to take a look at where Super Micro Computer Inc (NASDAQ:SMCI) stands against other stocks highlighted in Jim Cramer's latest calls.\nJim Cramer in a recent program talked about Bitcoin and reminded investors that he has always believed in the cryptocurrency.\n\n“I want to discuss Bitcoin, really. I do—not to the detriment of stocks but in addition to stocks. I come to praise Bitcoin, not buy it. First, let’s dispel the idea that I’ve never believed in Bitcoin. Now, if you search YouTube, you can see that I first bought Bitcoin on September 15, 2020, when it was at just over $10,000.”\n\nCramer said he likes the idea of Bitcoin being the store of value and said he always recommended investors to allocate 10% of their portfolio to the currency. However, he again urged investors to look to stocks for the rest of their portfolios.\n\n“I heard Fed Chief J. Powell talk about how he believes people are buying Bitcoin as a store of value, like gold, because there’s not much transaction done in Bitcoin. I’ve always endorsed keeping up to 10% of your portfolio in gold as a kind of insurance against the world’s lunacy. But for years now, I’ve also been saying Bitcoin is a fine alternative to gold for that 10% position. Why not?\nI think the federal budget deficit is at impossible levels…Sure, you might have been all in on Bitcoin. You know what? Terrific. Me too. But what if I told you there are indeed other ideas hidden in plain sight in the stock market? Ideas that you could have owned with the other 90% of your portfolio that wasn’t Bitcoin.”\n\nCramer then mentioned a few stocks that have posted dramatic gains since their IPOs to show investors the power of stock investing.\nREAD ALSO: Jim Cramer’s Latest Lightning Round: 11 Stocks to Watch and Jim Cramer on AMD and Other Stocks\nFor this article, we watched the latest programs of Jim Cramer and picked 10 stocks he recently talked about. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A team of technicians in a server room, testing and managing the newest server solutions. \nSuper Micro Computer Inc (NASDAQ:SMCI)\nNumber of Hedge Fund Investors: 33\nIn late November, Jim Cramer was asked about Super Micro Computer Inc (NASDAQ:SMCI). Cramer said he won’t go back to the stock amid alleged accounting irregularities.\n\n“My view is accounting regularities equals sell, and I never go back. I will be happily willing to miss another 20 points; it doesn’t matter. Accounting irregularities equal sell has saved me millions of dollars.”\n\nHowever, Super Micro Computer Inc (NASDAQ:SMCI) shares soared recently after the company said an investigation found no misconduct in the company’s accounting practices. The firm also said it will be replacing its finance chief.\nCarillon Scout Mid Cap Fund stated the following regarding Super Micro Computer, Inc. (NASDAQ:SMCI) in its Q2 2024 investor letter:\n\n“Super Micro Computer, Inc. (NASDAQ:SMCI) was the top detractor to returns in the second quarter. Super Micro designs and manufacturers server solutions based on modular and open-standard architecture. This modular approach combined with a strong engineering culture helps the company to supply the market with advanced servers and rack-scale compute solutions quickly. After an impressive return in the first quarter, the company offered disappointing near-term earnings guidance, though we do not believe its long-term opportunity has diminished. We expect continued strong growth for several years, although the range of outcomes is quite wide; it is difficult to forecast AI server market growth with precision.”\n\nOverall, SMCI ranks 7th on our list of stocks highlighted in Jim Cramer's latest calls. While we acknowledge the potential of SMCI, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMCI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.\nREAD NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock\nDisclosure: None. This article is originally published at Insider Monkey.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}