Is Super Micro Computer Stock a Buy Right Now?

Super Micro Computer (NASDAQ: SMCI) was once an untouchable stock. Last year, the price rose too far, too fast, then proceeded to sell off throughout the year. However, that sell-off was intensified after a now-defunct short-selling firm accused Supermicro (as it's often called) of accounting malpractice. Then, the company's auditor resigned, which may have made the company look guilty.But it wasn't. An independent auditing committee cleared Supermicro of any wrongdoing, and a globally recognized accounting firm signed on as the new auditor.Despite these positive developments, the stock is still around the same price point when investors were convinced that these allegations were true. Now that they are disproven but the stock hasn't seen the benefit, is it time to load up on Supermicro shares?Continue reading

Apr 18, 2025 - 12:55

Is Super Micro Computer Stock a Buy Right Now?

Super Micro Computer (NASDAQ: SMCI) was once an untouchable stock. Last year, the price rose too far, too fast, then proceeded to sell off throughout the year. However, that sell-off was intensified after a now-defunct short-selling firm accused Supermicro (as it's often called) of accounting malpractice. Then, the company's auditor resigned, which may have made the company look guilty.

But it wasn't. An independent auditing committee cleared Supermicro of any wrongdoing, and a globally recognized accounting firm signed on as the new auditor.

Despite these positive developments, the stock is still around the same price point when investors were convinced that these allegations were true. Now that they are disproven but the stock hasn't seen the benefit, is it time to load up on Supermicro shares?