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Up 81% Already in 2024, Is Super Micro Computer Stock Still a Buy?

Super Micro Computer stock is soaring due to the rising effectiveness of artificial intelligence.

By Parkev Tatevosian, CFA – Jan 31, 2024 at 7:00AM EST

Fool.com contributor Parkev Tatevosian reviews Super Micro Computer's (SMCI +24.38%) latest quarterly earnings and answers if the stock is still a buy.

*Stock prices used were the afternoon prices of Jan. 28, 2024. The video was published on Jan. 30, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Super Micro Computer. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Super Micro Computer Stock Quote
Super Micro Computer
NASDAQ: SMCI
$34.62
(+24.38%)+$6.79

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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