Supermicro has gained a lot of momentum since March 3, 2024 when the S&P500 announced that they will be adding the stock to the index.
The stock price shot up 20% from $905 to $1074 and while most analysts are giving it a BUY signal, I’m giving it a HOLD
Once the price stabilised after it has been added to the S&P500 on March 18, I will consider buying it at a price range of $980 - $1050
Only invest if this is less than 10% of your total money invested into the stock market because this is a risky stock with its P/E of 84.
#supermicro #stockstowatch #stockstobuy #aistocks
10 сен 2024
