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The turn of the calendar did not result in high-growth tech stocks and the AI theme taking a back seat to value, as some had suspected. So far in 2024, what worked during the first seven months of 2023, such as the
Super Micro Computer: Earnings Growth Verifying, Improved Momentum Ahead Of Earnings
Summary
- Shares of Super Micro Computer have rallied after a consolidation period, helping to set the stage for gains in 2024.
- With a modest valuation and still-strong EPS growth, there are some risks around growth in the company's top line.
- I outline key price levels to watch around three important events on tap for the balance of the month.
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