Should You Buy Super Micro Computer Stock on the Dip?

By Parkev Tatevosian, CFA – May 3, 2024 at 5:30AM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$52B

Today's Change

(-1.83%) -$16.51

Current Price

$887.89

Price as of May 17, 2024, 4:00 p.m. ET

Super Micro Computer sales are soaring, but investors wanted to see more from the artificial intelligence enabler after its latest earnings release.

Fool.com contributor Parkev Tatevosian answers if investors should buy Super Micro Computer (SMCI -1.83%) stock today.

*Stock prices used were the afternoon prices of April 30, 2024. The video was published on May 2, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.