Information

  • Aug 17, 2024

Super Micro Computer Stock (NASDAQ:SMCI): The Sell-Off Is Overdone

Super Micro Computer (SMCI), a provider of high-performance computing and AI infrastructure solutions, has seen its stock experience significant volatility. The AI infrastructure company’s stock went parabolic in January 2024, only to crash after it joined the S&P 500 (SPX). While a correction was warranted, it’s a bit overextended now, especially with the recent impressive revenue guidance. I am bullish on Super Micro due to its lower price point and promising catalysts. Analyzing the Earnings

  • Aug 16, 2024

Asia’s Utility Stocks Have Never Had It So Good in Two Decades

(Bloomberg) -- Utilities stocks have emerged as an unlikely favorite of investors in Asia, and bets are growing that their standout rally this year has further to go.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitPowering the sector’s bo

  • Aug 16, 2024

Meta Platforms (NASDAQ:META): The Best Magnificent Seven Stock?

Meta Platforms (META) is arguably the best Magnificent Seven stock right now and presents a buying opportunity, in my view. The social media company’s ad revenue and user base continue to grow, and the valuation leaves plenty of room for error. The recent earnings report and long-term performance make me bullish on the stock. Net Income Surges Without Job Cuts Meta Platforms’ net income has been soaring in recent quarters, which has prompted the social media giant to offer its first quarterly di

  • Aug 16, 2024

Wall Street Whiplash Schools Traders on Fragile Modern Markets

(Bloomberg) -- Greed has overcome fear on Wall Street — and the market cataclysm that shook up the world in recent weeks may well prove a mere blip on long-term price charts.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitYet the summer r

Popular Post