"1 Wall Street Analyst Predicts 65% Soar for Cheap AI Stock, Missed Out on Nvidia?"

Super Micro Computer (SMCI) is an AI stock that has outperformed Nvidia this year and remains incredibly cheap. Supermicro provides high-end servers, storage solutions, and computing platforms optimized for AI applications, partnering with Nvidia to offer servers customized for AI. The company has experienced strong revenue and income growth fueled by demand for its AI servers, and it expects this growth to continue as data center operators and cloud providers update their facilities for AI applications. Wall Street analysts are bullish on Supermicro, with a price target suggesting potential upside of 32% to 65%. The stock's valuation is significantly lower than Nvidia's, making it an attractive option for investors who may have missed out on Nvidia's gains.
- Missed Out on Nvidia? 1 Incredibly Cheap Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Soars 65%, According to 1 Wall Street Analyst The Motley Fool
- 'Load Up,' Says Piper Sandler About Nvidia Stock - TipRanks.com TipRanks
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- Nvidia Was the Best 'Magnificent Seven' Stock in 2023. Can It Repeat in 2024? The Motley Fool
- Nvidia Stock (NASDAQ:NVDA): Should You Buy the Post-Earnings Dip? - TipRanks.com TipRanks
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