This Is the Biggest Risk With Super Micro Computer Stock
Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, has been in the doghouse with investors over the past year. There have been concerns around its financials and the reliability of its numbers after its auditor quit, and there were even worries that it may get delisted for being late filing its quarterly and annual reports.Thankfully, the company no longer seems to be facing that risk. But that doesn't mean the tech stock is a risk-free investment by any means. In fact, the one problem that I saw as being the biggest reason to avoid the stock still remains a concern, and until it's fixed, I wouldn't be surprised if growth investors remain on the sidelines.Image source: Getty Images.Continue reading
Super Micro Computer (NASDAQ: SMCI), also known as Supermicro, has been in the doghouse with investors over the past year. There have been concerns around its financials and the reliability of its numbers after its auditor quit, and there were even worries that it may get delisted for being late filing its quarterly and annual reports.
Thankfully, the company no longer seems to be facing that risk. But that doesn't mean the tech stock is a risk-free investment by any means. In fact, the one problem that I saw as being the biggest reason to avoid the stock still remains a concern, and until it's fixed, I wouldn't be surprised if growth investors remain on the sidelines.
Image source: Getty Images.
