Super Micro Computer Inc (NASDAQ: SMCI) stock enjoyed a major increase of 12.4% on 6/13/24. The shares closed at $871.10. Moreover, trading volume in this advance was unusually high at 192% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.5% during the last week.
Current PriceTarget Research Rating
SMCI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Super Micro Computer has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Super Micro Computer has a neutral Appreciation Score of 56 but a very high Power Rating of 98, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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