Could Super Micro Computer Stock Help You Become a Millionaire?
Super Micro Computer (SMCI 3.04%), more commonly known as Supermicro, has likely made enormous profits for investors over the years. The producer of high-performance servers went public at $8 on March 29, 2007, and it now trades at about $423.A $20,000 investment in Supermicro stock at the time of its IPO would be worth $1.06 million today. The lion's share of those gains, however, occurred within the past couple of years.Supermicro's growth was driven by robust sales of its high-end servers, and those sale ...