SMCI might hit 1250 or 1300 this week

This company has a lot of momentum right now, and I think it's only going to continue. My target price for $SUPER MICRO COMPUTER INC(SMCI)$ is significantly higher than where it is now, and I'm excited about the potential upside.

SMCI is extremely volatile, just consider that its last 52-week stock price range is between $87 and $1,078. The stock started February 2024 at $550 and peaked at around $1,000.

After achieving this psychological level it plunged by more than 20% and then bounced back to a thousand and then again returned back closer to $800.

The massive YTD rally attracted a lot of swings and intraday traders which substantially added to the stock's volatility. Therefore, long-term investors should be ready to tolerate massive stock movements within short timeframes.

bullish this week. might hit 1250 or 1300 this week... we will see about that

# SMCI Joins S&P 500! What's Your Target Price?

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  • Well, if SMCI hits 1250 or 1300 this week, I'll eat my hat!
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