Is It Too Late to Buy Super Micro Computer Stock Now?
Super Micro Computer (NASDAQ: SMCI), a company that's been around for 30 years, soared into the spotlight only in recent times. The company makes equipment such as servers, workstations, and full rack scale solutions -- and these and other items are in high demand thanks to artificial intelligence (AI) customers.
As a result, earnings went from slow progression several years ago to high growth over the past few years. And Supermicro's share performance followed, soaring more than 4,000% in just five years. The S&P 500 even invited Supermicro into the index in the first half of the year -- proof the company has made it into the elite group of players driving growth.
So Supermicro has become pretty successful, but considering the steep share price gains, is it too late to invest in the stock now? Let's find out.
Source Fool.com
