Super Micro Computer Inc (NASDAQ: SMCI) stock enjoyed a major increase of 35.9% on 1/19/24. The shares closed at $423.36. Moreover, exceptionally high trading volume at 630% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 23.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SMCI is expected to continue to be a major Value Builder.
Super Micro Computer has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Super Micro Computer has a neutral Appreciation Score of 47 but a very high Power Rating of 99, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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