15 Best Growth Stocks to Buy for the Next 3 Years

12. Super Micro Computer Inc. (NASDAQ:SMCI)

3-Year Revenue CAGR: 70.92%

Number of Hedge Fund Holders: 45

Super Micro Computer Inc. (NASDAQ:SMCI) develops and sells high-performance server and storage solutions. It offers a range of IT solutions, such as complete servers, storage systems, workstations, networking devices, server sub-systems, and server management and security software. SMCI’s servers also integrate NVIDIA GPUs, which are crucial for AI and data centers.

On March 21, JP Morgan analyst Samik Chatterjee upgraded the stock to Neutral from Underweight, while raising the price target to $45 from $35. The company is set to benefit from strong demand for Blackwell-based servers. On April 15, SteelDome and SMCI also entered into a collaboration to deliver next-gen virtualization and storage solutions optimized for hyperconverged and AI workloads.

While the company lowered its FY2025 revenue guidance to between $23.5 and $25 billion, from a previous range of $26 to $30 billion, this was overshadowed by the long-term positive projections. For FY2026, SMCI projects ~$40 billion in sales due to the demand for AI-optimized servers, particularly those incorporating NVIDIA’s advanced chips, and SMCI’s direct-liquid cooling (DLC) technology.