$SUPER MICRO COMPUTER INC(SMCI)$ Why on earth is SMCI’s share price dropping? this volatile is crazy and makes no sense at all.
This is the number 2 stock in the vanguard of the AI revolution.It’s last report showed a significant rise in earnings & exceeded market expectations.Profits are soaring,and it has more deals worth Nvidia so why doesn’t the price stay north of $1000?
This is significantly undervalued with a PEG ratio of -1…indicating seriously underpriced companies.This share price doesn’t factor in future earnings at all.
A fair valuation would be for Supermicro to pivot 1300-1500.
Bizarre that it doesn’t rise and stay higher!
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- Strategy 1·07-18Hold….LikeReport