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 19 Apr 24

tl;dr

<html> <body> <p>SMCI: Could No News Be Good News?</p> <p>Super Micro Computer joined the S&P 500 in March and remains a top-performing stock, up 160% YTD and 700% over the last year.</p> <p>SMCI is expected to report FQ3 2024 earnings on Apr...

SMCI: Could No News Be Good News?

Super Micro Computer joined the S&P 500 in March and remains a top-performing stock, up 160% YTD and 700% over the last year.

SMCI is expected to report FQ3 2024 earnings on April 30th and has previously disclosed preliminary figures in seven out of its last eight quarters.

On Friday, AI and semiconductor stocks declined, extending their recent downtrend. This likely affected SMCI, which, also in their recent press release, failed to offer significant forward guidance.

More about Super Micro Computer Inc

Stock Market Analysis: Super Micro Computer Inc

Super Micro Computer, Inc. develops and manufactures high-performance server and storage solutions based on an open, modular architecture. The company is headquartered in San Jose, California.

Industry: Technology

Sector: Electronic Computers

Market Cap: 54.36 Billion

Current Price: $72.48

Dividend Yield: 12.81%

52-Week High: $173.37

EPS: 0.0792

Volume: 9,252,753,000

PE Ratio: 983.58

Beta: 0.624

Current Ratio: 1.032

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.