Super Micro Computer Stock Is Rising Again Today. Is It Still a Good Buy?
The momentum driving Super Micro Computer's (SMCI 4.47%) sharp rise is continuing Wednesday. Supermicro shares rose as much as 7% in morning trading and were still about 4% higher by mid-afternoon. Those gains came in the wake of an earnings report from cybersecurity leader CrowdStrike that impressed Wall Street and strengthened the notion that demand for computing power is continuing to increase.The stock has delivered a remarkable 300% jump year to date, and Supermicro and its insiders are taking advantag ...