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Is It Finally Time to Take Profits in Super Micro Computer Stock?

By Parkev Tatevosian, CFA – Mar 7, 2024 at 8:00AM

Super Micro Computer stock is soaring due to rising demand to implement artificial intelligence capabilities.

Fool.com contributor Parkev Tatevosian evaluates Super Micro Computer (SMCI +3.79%) stock and provides guidance on profit-taking.

*Stock prices used were the afternoon prices of March 4, 2024. The video was published on March 6, 2024.

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.

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