Should Investors Buy the Dip in Super Micro Computer Stock?

By Parkev Tatevosian, CFA – Feb 19, 2024 at 6:15AM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$46B

Today's Change

(-5.25%) -$43.43

Current Price

$784.51

Price as of May 31, 2024, 4:00 p.m. ET

Super Micro Computer's stock price fell significantly, causing investors to consider buying shares of this excellent artificial intelligence stock.

Fool.com contributor Parkev Tatevosian evaluates the crash in Super Micro Computer (SMCI -5.25%) stock and answers if it's a buying opportunity.

*Stock prices used were the afternoon prices of Feb. 16, 2024. The video was published on Feb. 18, 2024.

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.