Down 80% From Its All-Time High, Is Super Micro Computer Stock a Buy?

Super Micro Computer (NASDAQ: SMCI) may be the most exciting stock story of 2024. Unfortunately, it's not for a good reason. While it started off the year hot as product demand surged, it quickly declined as expectations were too high. Then, allegations of an accounting irregularities broke, which caused the stock to tumble as more information surfaced about the company's practices.The stock is now down more than 25% for the year and more than 80% from its all-time high, set earlier this year. With that kind of decline, some investors may wonder if it's a stock with some value in it.While I agree that the stock could have some value in it, there are a ton of red flags around this company that shouldn't be ignored.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool