• After a difficult fiscal 2016 things have stabilized in 2017 and there is increased optimism for growth in fiscal 2018 which has already started this month.
• That optimism seems justified, given the fast growth in Asia and certain sectors, and the arrival of new Intel server chips.
• We think only part of that optimism is reflected in today’s share price, although margin development is something which should be closely watched.

Source: Optimism Returns To Super Micro Computer Stock – Super Micro Computer, Inc. (NASDAQ:SMCI) | Seeking Alpha