Is Supermicro Stock a Buying Opportunity After Strong Bounce?
Supermicro Computer, Inc.’s (SMCI) shares have gained 83.5% this year, outperforming the Computer-Storage Devices industry’s 17.3%. The company’s recent business update has boosted investor confidence, with no accounting issues anticipated in its highly-anticipated 10-K filing. However, last year’s performance was marred by concerns over accounting violations and a DOJ investigation. Supermicro received a non-compliance letter … Read more