One Stock That Could Soar After Its Oct. 1 Split

Super Micro Computer has some short-term headwinds dragging the stock down. Stock splits are usually good indicators of strength, since companies normally only split their stock after the price of an individual share has gotten expensive. Super Micro Computer's (SMCI 0.75%) split is coming soon -- the company expects its 10-for-1 split to take effect on Oct. 1 -- but it hit a rough patch shortly after announcing it. Since then, the stock is down around 32%. There are a few reasons for this, but I don't thin ...