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Stock impact report

ClearBridge SMID Cap Growth Strategy Q1 2024 Commentary [Seeking Alpha]

Super Micro Computer, Inc. (SMCI) 
Last super micro computer, inc. earnings: 8/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.supermicro.com/investor-relations
Company Research Source: Seeking Alpha
Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. SMID growth stocks rose in the first quarter, helped by resilient corporate earnings, continued enthusiasm for AI and the prospect of interest rate cuts. The Strategy underperformed its benchmark as a lack of exposure to AI beneficiary Super Micro Computer and bitcoin proxy MicroStrategy overcame positive contributions from holdings in the materials and industrials sectors. It looks increasingly likely that policymakers have navigated a soft landing and, as capital markets reopen, we anticipate increased IPO activity to be a source of new investments for the first time since 2021. By Brian Angerame, Jeffrey Bailin, CFA, Aram Green & Matthew Lilling, CFA SMID Playing Catch Up in Growth Rally Market Overview Equity markets rallied in the first quarter as resilient corporate earnings, continued enthusiasm over artificial intel Show less Read more
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