Super Micro Computer, Inc.
做多

SMCI Super Micro is at value levels, but has risks

503
At one point, SMCi had under 10 pe, and was near tangible book value.

The headlines were scary and bad, with possible delisting due to delayed financial reporting.
With new auditor and plan to get back on track with reports, SMCi could be a bargain. However, because of the risk, sizing small would be wise.

Deep Value Metrics:
1. high earning yield- was over 10 earnings yield at one point, and forward yield for 2025 is attractive, forward pe is under 9 now.
2. was near tangible book value. Tangible book value is 8.70, stock hit 17 at one point.

Growth-
1. analysts expect 30% earnings growth this year and next.
2. industry is seeing high growth expectations due to ai data center demand.

Technicals-
1. crossing 30 ema would be bullish technical signal
2. crossing 200 ma would confirm new bullish trend.

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