Positive.
From Yahoo Finance: 2025-04-03 16:35:00
President Trump’s reciprocal tariff announcement is causing global stock market turmoil, increasing recession risks. Goldman Sachs predicts a 35% chance of recession in the next 12 months and cut its GDP forecast to 1%. China and European countries may impose retaliatory tariffs, further impacting consumer sentiment.
Super Micro Computer, Inc. (SMCI) is gaining attention from analysts amid Blackwell Ramp benefits. With 33 hedge fund investors, the company is seen as moving past SEC filing issues towards growth. Notable Wall Street firms have issued bullish reports on SMCI, with JPMorgan upgrading to neutral and Rosenblatt giving a buy rating.
SMCI ranks 10th on a list of top stocks to watch in a potential recession. While promising, AI stocks may offer higher returns in a shorter period. Consider exploring an AI stock with significant upside potential trading at less than 5 times its earnings. Check out the report on the cheapest AI stock for more information.
Read more: Analysts Turning Bullish on Super Micro Computer (SMCI) Amid Blackwell Ramp Benefits