SMCI in uptrend with acceleration perspective

Updated
SMCI Super Micro Computer Non-GAAP EPS of $3.26 beats by $0.23, revenue of 1.8B beats by 20M.
It confirms the good business run and momentum for its products, despite overall business decline in the sector.
It records a rising trend both in revenue and EPS and the valuation looks very attractive. PE 8.7x, Revenue up 59%, ROE 38% EBIT mrg 10% and the stock is above its 200ma and it seems that the demand for the stock is increasing.
Trade closed: target reached
Target rieached. It still has potential to go towards 125.
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