Super Micro Computers Splits Stock: Is This the Time to Buy?
SMCISuper Micro Computer(SMCI) MarketBeat·2024-08-07 23:09

Super Micro Computer NASDAQ: SMCI shares are imploding due to a knee-jerk reaction to weaker-than-expected margin news. However, the takeaways from the earnings report suggest that margin weakness is fleeting and that this dip is buyable. More to the point, the company’s 10-for-1 forward stock split is a signal for investors to load up on this value-building AI machine. Super Micro Computer TodaySMCISuper Micro Computer520.5296.42 (15.63520.52 -96.42 (-15.63%) 52-Week Range226.59▼1,229.00P/ERatio29.18PriceTarget1,229.00P/E Ratio29.18Price Target999.92A ...