3 No-Brainer Reasons to Buy Super Micro Computer Before Its Stock Split
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-08-14 19:00

Super Micro Computer's stock is a great buy after a harsh sell-off.Formerly one of the best-performing stocks in the S&P 500 index this year, Super Micro Computer (SMCI 4.89%) has been on a wild ride. The stock entered the year around 280,thenreachedhighsofnearly280, then reached highs of nearly 1,200 in March. After a poor reaction to its fourth-quarter earnings report, the stock is now around $500 per share.However, it won't stay that way long because management announced a 10-for-1 stock split effective Oct. 1. That will drop the ...