Fool.com contributor Parkev Tatevosian evaluates Super Micro Computer (SMCI +8.72%) 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.
Is It Finally Time to Take Profits in Super Micro Computer Stock?
Super Micro Computer stock is soaring due to rising demand to implement artificial intelligence capabilities.
By Parkev Tatevosian, CFA – Mar 7, 2024 at 8:00AM EST
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About the Author
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.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.