If You'd Invested $1,000 in Super Micro Computer Stock 5 Years Ago, Here's How Much You'd Have Today
The company assembles computer servers for sale, many of which are used to power artificial intelligence (AI) applications. The explosion in demand for these servers helped it become one of the more notable companies (and stocks) in this space. Investors who bought in early have seen massive returns. A $1,000 investment in Supermicro five years ago would be worth an eye-popping $42,460 today. That's an average annual return of 112%! Despite its stellar stock price gains, the price-to-earnings ratio (P/E) is ...