Shares of Super Micro Computer have surged since the company's IPO, and the stock's forecast should catch investors' attention.

Price action is usually the raw opinion of the market on a particular stock or industry, which is why investors should always be aware of what is happening behind the scenes when it comes to risk-on and risk-off behavior throughout the market.

Super Micro Computer (SMCI) stock received a new Buy rating from a five-star analyst at Rosenblatt Securities. Kevin Cassidy reinitiated

Super Micro is a “show-me story,” says a Rosenblatt analyst, but he sees room for gross margins to expand as the company sells more to enterprise customers.

Super Micro Computer (NASDAQ: SMCI) stock is surging in Wednesday's trading thanks to multiple bullish catalysts. Supermicro stock is seeing an uptick in bullish momentum following the latest inflation data from the Bureau of Labor Statistics.

This week has shown the stock’s resilience—the shares have jumped in the past two sessions both with and without the support of broader tech rebound.