Where Will Super Micro Computer Stock Be in 5 Years?
If you invested $1,000 on Super Micro Computer (NASDAQ: SMCI) five years ago, you would have $37,000 today -- an eyewatering return of 3,700%. Companies like this demonstrate the potentially life-changing impacts of long-term investing.
But past performance doesn't necessarily guarantee future results. Let's dig deeper to find out if Super Micro can continue to deliver market-beating growth over the next half-decade.
Founded in 1993, Silicon Valley-based Super Micro Computer is a technology company specializing in energy-efficient computer servers and data-center equipment. It isn't the flashiest company. But as a picks-and-shovels provider for other enterprises, it has enjoyed significant spillover benefits from technology megatrends like cloud computing and 5G connectivity, which increase demand for its hardware.
Source Fool.com
