{"id":126064,"date":"2024-11-15T08:49:48","date_gmt":"2024-11-15T01:49:48","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=126064"},"modified":"2024-11-15T08:49:48","modified_gmt":"2024-11-15T01:49:48","slug":"super-micro-computer-stock-sank-again-today-is-the-beaten-down-ai-stock-cheap-enough-to-buy-now","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=126064","title":{"rendered":"Super Micro Computer Stock Sank Again Today &#8212; Is the Beaten-Down AI Stock Cheap Enough to Buy Now?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-article-body=\"true\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><strong>Super Micro Computer<\/strong> <span class=\"ticker\">(NASDAQ: SMCI)<\/span> stock saw another day of big sell-offs in Thursday&#8217;s trading. The company&#8217;s share price closed out the daily session down 11%.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Supermicro stock fell today after <strong>Cisco<\/strong> made new comments about its plans to move into the <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/information-technology\/ai-stocks\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=f0e195b5-2e21-4deb-ad45-be93d54753b0\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:artificial intelligence (AI);elm:context_link;itc:0;sec:content-canvas\" class=\"link \">artificial intelligence (AI)<\/a> server market. Today&#8217;s valuation pullback followed a 6.3% decline in the company&#8217;s share price after a filing with the <a href=\"https:\/\/www.fool.com\/terms\/s\/sec\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=f0e195b5-2e21-4deb-ad45-be93d54753b0\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Securities and Exchange Commission (SEC);elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Securities and Exchange Commission (SEC)<\/a> revealed that the tech specialist would be unable to meet the filing deadline for its quarterly 10-Q report.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><em><strong>Start Your Mornings Smarter!<\/strong>\u00a0Wake up with <strong>Breakfast news<\/strong> in your inbox every market day.\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=4370b610-e406-458b-863c-a0b1ba86f9a5&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-foolcom-breakfast-news%3Faid%3D11010%26source%3Disaeditxt0000991%26ftm_cam%3Dsa-breakfast-news%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D16694&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=f0e195b5-2e21-4deb-ad45-be93d54753b0\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Sign Up For Free \u00bb;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><span><strong>Sign Up For Free \u00bb<\/strong><\/span><\/a><\/em><\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Supermicro&#8217;s share price is now down 62% over the last month and 36.5% year to date. The stock is also down 85% from the lifetime high it hit in March.<\/p>\n<h2 class=\"col-body mb-4 text-xl font-bold md:text-2xl\">Is Supermicro stock too cheap to pass up after dramatic sell-offs?<\/h2>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">After riding high on surging AI-related demand to start 2024, Supermicro has seen a precipitous valuation decline. Along with huge sell-offs for the stock, the strong sales and earnings growth the company has reported mean its stock could look quite cheap by many traditional valuation metrics.<\/p>\n<figure class=\"col-body mb-4\">\n<div class=\"relative\"><img alt=\"SMCI PE Ratio (Forward) Chart\" loading=\"lazy\" width=\"720\" height=\"456\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/jKTiLzh4n4h2kpp.PmrRVw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYwOA--\/https:\/\/media.zenfs.com\/en\/motleyfool.com\/8d2827557dc2b290e5e78c7ef0206290\"\/><button aria-label=\"View larger image\" class=\"group absolute bottom-3 right-3 size-10 md:size-[50px] lg:inset-0 lg:size-full lg:bg-transparent\" data-ylk=\"elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;\"><span class=\"absolute bottom-0 right-0 rounded-full bg-white p-3 opacity-100 shadow-elevation-3 transition-opacity duration-300 group-hover:block group-hover:opacity-100 md:p-[17px] lg:bottom-6 lg:right-6 lg:bg-white\/90 lg:p-5 lg:opacity-0 lg:shadow-none\"><svg viewbox=\"0 0 22 22\" aria-hidden=\"true\" class=\"size-4 lg:size-6\" width=\"22\" height=\"22\"><path d=\"M12.372.92c0-.506.41-.916.915-.916L21 0l-.004 7.712a.917.917 0 0 1-1.832 0V3.183l-6.827 6.828-1.349-1.348 6.828-6.828h-4.529a.915.915 0 0 1-.915-.915M1.835 17.816l6.828-6.828 1.349 1.349-6.829 6.827h4.529a.915.915 0 0 1 0 1.831L0 21l.004-7.713a.916.916 0 0 1 1.831 0z\"\/><\/svg><\/span><\/button><dialog aria-label=\"Modal Dialog\" aria-modal=\"true\" class=\"fixed inset-0 z-[4] size-full max-h-none max-w-none bg-white hidden\"\/><\/div><figcaption class=\"relative text-sm mt-1 pr-2.5\"\/><\/figure>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Trading at under 6.2 times this year&#8217;s expected earnings and less than 42% of expected sales, Supermicro stock could appear undervalued based on recent momentum for the business. But the company&#8217;s situation is simply too complicated to put much weight behind traditional valuation metrics.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The storm of controversies surrounding the company had its inciting incident in August when short-seller Hindenburg Research published a bearish report on the company, alleging repeated accounting violations. The next day, the company announced it would be delaying the filing of its annual 10-K report with the SEC to conduct a review of its internal controls over financial accounting. Missing the 10-K filing raised the possibility that its stock would be delisted from the Nasdaq exchange.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Then, in October, shareholders got hit with another gut punch. Ernst &amp; Young (EY) resigned as the company&#8217;s financial auditor. EY said it decided to step back from the role due to &#8220;information that has recently come to our attention which has led us to no longer be able to rely on management&#8217;s and the Audit Committee&#8217;s representations and to be unwilling to be associated with the financial statements prepared by management.&#8221;<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Supermicro still has not filed its 10-K report, and it&#8217;s now on track to miss the deadline for its latest 10-Q report. The company is also reportedly being investigated by the Department of Justice. Making matters worse, the company&#8217;s competitive position in the high-performance server market appears to be weakening. Reports have emerged that <strong>Nvidia<\/strong> is sending graphics processing units (GPUs) that Supermicro was poised to receive to other players in the space.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Ultimately, the company&#8217;s outlook is too unclear to make the stock a smart investment right now. With potential delisting from the Nasdaq and other big risk factors still hanging over the company, investors seeking potentially explosive AI plays should probably look elsewhere right now.<\/p>\n<h2 class=\"col-body mb-4 text-xl font-bold md:text-2xl\">Don\u2019t miss this second chance at a potentially lucrative opportunity<\/h2>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Ever feel like you missed the boat in buying the most successful stocks? Then you\u2019ll want to hear this.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">On rare occasions, our expert team of analysts issues a <a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=638d755e-8597-4784-9bbc-8a56a77b307b&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16623&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=f0e195b5-2e21-4deb-ad45-be93d54753b0\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:\u201cDouble Down\u201d stock;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>\u201cDouble Down\u201d stock<\/strong><\/a> recommendation\u00a0for companies that they think are about to pop. If you\u2019re worried you\u2019ve already missed your chance to invest, now is the best time to buy before it\u2019s too late. And the numbers speak for themselves:<\/p>\n<ul class=\"col-body mb-4\">\n<li class=\"ml-4 list-disc\">\n<div class=\"grid grid-cols-[[fullbleed-start_body-start]_auto_[body-end_fullbleed-end]]\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><strong>Amazon:<\/strong> if you invested $1,000 when we doubled down in 2010, <strong>you\u2019d have $24,113<\/strong>!*<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-disc\">\n<div class=\"grid grid-cols-[[fullbleed-start_body-start]_auto_[body-end_fullbleed-end]]\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><strong>Apple:<\/strong> if you invested $1,000 when we doubled down in 2008, <strong>you\u2019d have $42,634<\/strong>!*<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-disc\">\n<div class=\"grid grid-cols-[[fullbleed-start_body-start]_auto_[body-end_fullbleed-end]]\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><strong>Netflix:<\/strong> if you invested $1,000 when we doubled down in 2004, <strong>you\u2019d have $447,865<\/strong>!*<\/p>\n<\/div>\n<\/li>\n<\/ul>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Right now, we\u2019re issuing \u201cDouble Down\u201d alerts for three incredible companies, and there may not be another chance like this anytime soon.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><strong><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=638d755e-8597-4784-9bbc-8a56a77b307b&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_pit%3D16623%26ftm_veh%3Darticle_pitch_feed_yahoo&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=f0e195b5-2e21-4deb-ad45-be93d54753b0\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See 3 \u201cDouble Down\u201d stocks \u00bb;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">See 3 \u201cDouble Down\u201d stocks \u00bb<\/a><\/strong><\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><em><span>*Stock Advisor returns as of November 11, 2024<\/span><\/em><\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><em><a href=\"https:\/\/www.fool.com\/author\/6956\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Keith Noonan;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Keith Noonan<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cisco Systems and Nvidia. The Motley Fool recommends Nasdaq. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:disclosure policy;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">disclosure policy<\/a>.<\/em><\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><a href=\"https:\/\/www.fool.com\/investing\/2024\/11\/14\/super-micro-computer-stock-sank-again-today-is-the\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=f0e195b5-2e21-4deb-ad45-be93d54753b0\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Super Micro Computer Stock Sank Again Today -- Is the Beaten-Down AI Stock Cheap Enough to Buy Now?;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Super Micro Computer Stock Sank Again Today &#8212; Is the Beaten-Down AI Stock Cheap Enough to Buy Now?<\/a> was originally published by The Motley Fool<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.yahoo.com\/finance\/news\/super-micro-computer-stock-sank-232206544.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Super Micro Computer (NASDAQ: SMCI) stock saw another day of big sell-offs in Thursday&#8217;s trading. The company&#8217;s share price closed out the daily session down 11%. Supermicro stock fell today &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=126064\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-126064","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126064"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/126064\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}