5 Best Performing Stocks in the Last 6 Months

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In this article, we discuss 5 best performing stocks in the last 6 months. If you want to read a detailed discussion on the stock market, head over to 15 Best Performing Stocks in the Last 6 Months.

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

6-Month Share Price Gains as of August 15: 185.82%

Number of Hedge Fund Holders: 36

Super Micro Computer, Inc. (NASDAQ:SMCI) designs and manufactures advanced server and storage solutions known for their high performance. It is one of the best performing stocks in the last 6 months, based on share price gains of roughly 186% as of August 15. On August 8, Super Micro Computer, Inc. (NASDAQ:SMCI) announced its financial results for the fourth fiscal quarter of 2023. The company reported a non-GAAP EPS of $3.51 and a revenue of $2.18 billion, exceeding Wall Street estimates by $0.60 and $200 million, respectively.

According to Insider Monkey’s first quarter database, 36 hedge funds were bullish on Super Micro Computer, Inc. (NASDAQ:SMCI), as opposed to 34 funds in the prior quarter. Alex Sacerdote’s Whale Rock Capital Management held the largest position in the company, with 791,466 shares worth $84.3 million.

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