This Top Growth Stock Has Just Announced a 10-for-1 Stock Split: Here's Why You Should Be Buying It Hand Over Fist Right Now
SMCISuper Micro Computer(SMCI) The Motley Fool·2024-08-17 05:15

Super Micro Computer stock has become too attractive to ignore following its recent drop.Super Micro Computer (SMCI 0.34%) announced fiscal 2024 fourth-quarter results (for the quarter ended June 30) on Aug. 6, and the stock fell 20% as investors were concerned about the company's shrinking margin profile.Supermicro's revenue shot up remarkably year over year, and its guidance for fiscal 2025 indicates that its stunning growth is here to stay. What's more, management announced a 10-for-1 stock split, which ...