Super Micro Computer sounds like the kind of 1980s style computer company name that I grew up with (as does their logo), but its old-school vibe hasn’t affected its new-school buzz. Between the AI and crypto bubbles, this stock has been propelled insanely high, and I’d say it has a LOT to prove to justify these levels.
![](https://slopeofhope.com/wp-content/uploads/2024/03/smccccc-640x515.png)
This sucker has a p/e of 90, and I think it’s plausible that, in a couple of years, as we’re examining the wreckage of an historic market crash, this stock will be charted out as one of the what-were-we-thinking exhibits.
![](https://slopeofhope.com/wp-content/uploads/2024/03/scmcidid-640x190.png)