Should You Buy Super Micro Computer Stock Before Oct. 1?
When a stock is in the midst of a free fall, it can be a risky time to buy in. That's because it's hard to know if it has bottomed out or if it's still heading further down. it can seem like a cheap buy, but if the business is in trouble, it still may not be worth investing in it.
Super Micro Computer (NASDAQ: SMCI) was once seen as a top artificial intelligence (AI) stock. Its servers have been in high demand for companies looking to upgrade their tech capabilities, and it also provides businesses with crucial it infrastructure. But in just the past six months, the stock, which is also known as just Supermicro, has nosedived more than 60%. Investors appear as though they can't get rid of the stock fast enough.
But could Supermicro's upcoming stock split help reverse its fortunes, and get its shares rallying again?
Source Fool.com
