Up 102% in 2024, Is Now the Right Time to Buy This Undervalued AI Stock?

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Barchart

Artificial intelligence (AI) is writing the explosive growth story for most tech stocks. While the big players are always in the news, there are many overlooked and undervalued AI stocks that investors ought to pay attention to. As the AI era progresses, the need for more powerful and efficient computing solutions is on the rise. One company that is fulfilling this need is Super Micro Computer (SMCI), whose stock soared an eye-catching 246% last year, wildly outperforming the Nasdaq Composite’s ($NASX) gain of 44.5%. Interestingly, while the broader market has been off to a mixed start this ye…

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