Reported about 1 month ago
Super Micro Computer (NASDAQ: SMCI), known for its AI-centric servers, has recently joined the S&P 500 and completed a 10-for-1 stock split after experiencing a staggering 1,780% growth over the past decade. The company's revenue surged 109% year-over-year, reaching $14.9 billion, driven by strong demand for its custom servers and energy-efficient solutions. Despite facing recent challenges, including a DOJ investigation, Wall Street remains optimistic, with analysts predicting significant upside potential. Currently priced at 23 times earnings and less than 2 times sales, Supermicro is considered a compelling investment opportunity.
Source: YAHOO