The major small-cap stock index, the is losing its savior, Super Micro Computer Investors should prepare for the index to make its next move—without Super Micro. The Russell 2000 is now barely up for the year so far—just about 0.1%—after gaining 1% in the first half of 2024, which concluded Friday. A major reason the Russell is even in the green is Super Micro Computer That company began the year with a market capitalization of just over $15 billion and is now worth about $48 billion, with the stock more than doubling.
The AI trade continues to grip investors, with many seeking exposure through different angles: Like data center giants Vertiv, Super Micro Computer and Eaton.
Super Micro Computer and Walgreens Boots Alliance are part of the Zacks Bull and Bear of the Day article.