Strong Revenue Growth Is Powering Super Micro Ahead

  • The company is enjoying its sixth quarter of 20%+ revenue growth. However, the shares are still fairly modestly priced.
  • There has been some margin pressure due to memory pricing, audit cost and investment in a new facility, but it looks like we have seen the worst of that.
  • There is something of a cloud hanging over the stock, as an independent audit committee is going over past figures, which is difficult to handicap.

Source: Strong Revenue Growth Is Powering Super Micro Ahead – Super Micro Computer, Inc. (NASDAQ:SMCI) | Seeking Alpha