Jim Cramer Says SMCI Stock Is A 'Sell' Amid Accounting

1 day ago · Zinger Key Points. Jim Cramer assigns a 'sell' to SMCI due to accounting irregularities. Stock was removed from the Nasdaq 100 index on Dec. 23, 2024.

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‘Time To Cash Out,’ Says Investor About Super Micro Computer …

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Nov 27, 2024 · The stock claims a Hold (i.e. Neutral) rating based on 2 Buy, 6 Hold, and 2 Sell recommendations. Analysts project an average price target of $39.43, implying an upside …

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Jim Cramer Says SMCI Stock Is A 'Sell' Amid Accounting …

2 weeks from now

1 day ago · This article Jim Cramer Says SMCI Stock Is A 'Sell' Amid Accounting Irregularities: Super Micro Computer Stock Has Fallen 66% In 6 Months — Here's What Technical Analysis …

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FAQs about Jim Cramer Says SMCI Stock Is A 'Sell' Amid Accounting Coupon?

Will Jim Cramer go back to Super Micro Computer Inc?

In late November, Jim Cramer was asked about Super Micro Computer Inc (NASDAQ:SMCI). Cramer said he won’t go back to the stock amid alleged accounting irregularities. “My view is accounting regularities equals sell, and I never go back. I will be happily willing to miss another 20 points; it doesn’t matter. ...

What happened to Super Micro Computer Inc (SMCI) shares?

However, Super Micro Computer Inc (NASDAQ:SMCI) shares soared recently after the company said an investigation found no misconduct in the company’s accounting practices. The firm also said it will be replacing its finance chief. “ Super Micro Computer, Inc. (NASDAQ:SMCI) was the top detractor to returns in the second quarter. ...

Should you buy SMCI (SMCI)?

Overall, SMCI ranks 7th on our list of stocks highlighted in Jim Cramer's latest calls. While we acknowledge the potential of SMCI, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. ...

Will SMCI stock delist after NASDAQ warning?

However, Rakesh noted that the stock faces an increased risk of delisting, especially after Nasdaq issued a non-compliance warning to the company. SMCI’s management currently has an opportunity to rectify these issues. It has until November 16 to present a plan to file a 10-K report and secure a new, credible auditor. ...

Is SMCI stock in a recovery?

With SMCI stock seemingly in free fall, attention has turned to the potential for a recovery amid the accounting debacle. To this end, Finbold consulted OpenAI’s ChatGPT-4o for insights. According to ChatGPT-4o, several factors could influence a recovery. ...

What happened to SMCI (SMCI)?

As a result, the stock has erased gains from the company’s venture into artificial intelligence (AI). At the close of the last trading session, SMCI was valued at $26.05, down over 10% for the day. In the past week, the stock has plunged by 45%; year-to-date, SMCI has dropped by 8.7%. SMCI year-to-date stock price chart. Source: Google Finance ...