Super Micro Computer Announced a Stock Split. But There's an Even Better Reason to Buy Right Now.

Supermicro's stock has mismatched expectations. Stock splits have been fairly common among companies associated with artificial intelligence (AI). This is because they have performed so well over the past year-and-a-half that their stock prices have reached a level where a split is a good idea. One company that has recently joined this club is Super Micro Computer (SMCI 1.39%), commonly known as Supermicro. It announced a 10-for-1 stock split effective Oct. 1, which will take its stock price from around $63 ...