Louis Navellier’s Top 10 Stock Picks Heading into 2025

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

Navellier & Associates’ Stake Value: $15.27 million

Number of Hedge Funds Holders: 33

Super Micro Computer, Inc. (NASDAQ:SMCI) designs and manufactures high-performance server and storage solutions based on modular and open architecture, serving both domestic and international markets.

On November 19, shares of SMCI surged in after-hours trading following the company’s announcement of appointing BDO USA as its auditor and submitting a compliance plan to Nasdaq which seeks additional time to meet listing requirements. While the company expressed confidence in completing its outstanding annual and quarterly reports, it did not provide a specific timeline.

For Q1 2025, Super Micro Computer, Inc. (NASDAQ:SMCI) reported a substantial year-over-year revenue increase, driven by strong demand for its AI-focused solutions. Preliminary net revenue is estimated at $5.9 billion to $6 billion, reflecting a 181% rise from the prior year. Non-GAAP earnings per share are projected at $0.75 to $0.76, marking a 122% increase. Additionally, the company is scaling its manufacturing capabilities and expects continued growth in its direct liquid cooling technology, positioning it for further expansion in the AI and server markets.