1. I am raising my outlook for Super Micro Computer, Inc. (SMCI) to a 'strong buy' due to improved stability and attractive valuation prospects. 2. Despite recent turmoil, SMCI avoided delisting and now has a clearer path forward with NASDAQ's extension. 3. SMCI's forward PE ratio of 15.54x is cheaper than most competitors, suggesting significant upside potential as we move into 2025.