$SUPER MICRO COMPUTER INC(SMCI)$ SMCI is far far far from an obvious long term hold. I used to think this myself, in fact I’ve made a couple of posts thinking they were undervalued at $600 couple of months ago. SMCI is a terrible business with next to no moat, there is significant competition in the server rack space. Their profitability margins are very low. Shares are diluted and they keep talking about wanting to raise capital = more dilution. Never good for a stock with this low margins. They are heavily impacted by the delays from nvidia $NVIDIA Corp(NVDA)$ , TSMC $Taiwan Semiconductor Manufacturing(TSM)$ and the rest of the semiconductor manufacturing companies. Not diversified enough. Last but not the least, no innovation. There is no real product here except for their cooling systems, and those are not worth paying the premium for. There are better companies if you want to look into that space like vertiv.
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- andy66·09-13TOP快跑快跑吧，我们都挣钱卖了LikeReport