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26. Super Micro Computer, Inc. (NASDAQ:SMCI)

Number of Hedge Fund Holders: 47 

Super Micro Computer, Inc. (NASDAQ:SMCI) develops and manufactures high performance server and storage solutions based on modular and open architecture. The stock has fallen in the past few days after reports from The Wall Street Journal that the server firm was being investigated by the US Justice Department.

The probe, which comes days after a report on SMCI by an activist short-selling firm, is in its early stages. Late last month, short seller Hindenburg Research had published a report on Super Micro Computer, Inc. (NASDAQ:SMCI) and said it was shorting the stock.

Mizuho analyst Vijay Rakesh recently started coverage of the stock with a Neutral rating and a price target of $450. In an investor note, the analyst underlined that the artificial intelligence server market was growing at a 54% compound annual rate, but increased competition was hitting margins, and the stocks of companies that had diverse portfolios stood to benefit more.