Super Micro Computer (NASDAQ:SMCI) shares present an interesting situation, being down 60% from the all-time high reached earlier in the year

We recently published a list of 8 Most Undervalued Growth Stocks To Buy According To Wall Street Analysts. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against other undervalued growth stocks according to wall street analysts.

As companies, Super Micro Computer (NASDAQ: SMCI) and Dell Technologies (NYSE: DELL) were both once considered slow-growth sellers of traditional servers. But over the past few years, their exposure to the booming AI market has lifted their financial performances and that has lifted their stocks.

However, Supermicro has one key advantage: It has the most energy-efficient technology available. With energy being a significant operating cost for these servers, companies are considering the total cost of operation for them. This is pushing a massive amount of demand Supermicro's way.

Super Micro shares plummeted by 13% on Tuesday, 6 August 2024, following the release of their fiscal fourth-quarter earnings, which fell short of analysts’ predictions. The company reported a decrease in gross margin to 11.

We recently published a list of 8 Most Undervalued Growth Stocks To Buy According To Wall Street Analysts. In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other undervalued growth stocks according to wall street analysts.