Meet the New Stock-Split Stock That Outperformed Nvidia in the First Half and Wall Street Thinks Could Almost Double
And this stock is Super Micro Computer ( SMCI 0.07%), a company that saw its stock price soar 188% in the first half, surpassing Nvidia's 149% increase. Though individual forecasts vary, the average Wall Street estimate calls for the stock to climb 90% from today's level.
Forget Nvidia: These 2 Stock-Split Stocks Could Be Better Buys
Supermicro is coming off of fantastic growth in fiscal 2024 (ended June 30). Annual sales rose roughly 110% to hit $14.94 billion, and non-GAAP (adjusted) earnings per share rose 87% to $22.09 per share. Strong momentum looks poised to continue in the near term.
It might interest investors, then, that Nvidia's CEO, Jensen Huang, has been selling some of his Nvidia holdings. In the last ...
Now, as we head into the third month after the split, it's fair to take a look at Nvidia's performance so far and consider whether this stock-market darling can keep on soaring. Let's look to ...
Another common denominator between Nvidia, Broadcom, and Supermicro is that they've all been favored by analysts. But which stock-split stock does Wall Street like the most now? Perhaps the ...
Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader ...
The rise of artificial intelligence (AI) propelled shares of Nvidia (NASDAQ: NVDA) to incredible gains over the past year, ...
I fully expect Nvidia’s numbers to delight investors again, enabling it to extend its already impressive gains this year. But there’s another stock-split stock that could also soar if Nvidia ...
Read Also: Nvidia Is Next Week’s Top Stock, Market Strategist Says: Why Best Long-Term Idea Is ‘Just Buy Nvidia And Put It Away’ Broadcom, Micron, Teradyne and Marvell Technology MRVL are ...
It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity ...
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