Aug. 15 at 4:04 AM
$SMCI $CSCO $NVDA $QQQ $NDAQ Will you buy the dip in SMCI (yes its a dip, look at the chart) or"wait for confirmation".
Cisco at the time had MASSIVE regulatory, legal and media risks it had to unwind from. Bears and media were attacking it non stop.
The only difference is their valued at
$400B now on
$1.2 EPS, and SMCI is valued at
$25B on
$1 EPS for FY27 and FY28 looks even better at around
$1.5 EPS.
Will you wait for shorts to cover or buy the dip? Realistically
$170 share price is
$110 b market cap, around 25% of what a company like Cisco is valued at with similar EPS.
I comprised a list of the FUD Cisco went through when forming the pattern that SMCI just finished forming.
BUY THE DIP! The setup is compelling here.
