Should You Forget Super Micro Computer and Buy These 2 Millionaire-Maker AI Stocks Instead?

Super Micro Computer's stock soared more than 30% on Nov. 19 after it appointed a new independent auditor and submitted a compliance plan to Nasdaq to avoid a potential delisting. Those announcements addressed its two pressing issues: the departure of its auditor Ernst & Young in October, and a delayed filing for its 10-K report, which could cause its stock to be delisted.But even after that rally, Supermicro's stock remains 76% below its all-time high from this March. The server maker's shares are still being weighed down by concerns about its sliding gross margins, competition from bigger server makers like Dell Technologies and Hewlett Packard Enterprise, and troubling allegations of inflated revenues from a prolific short seller. Its delayed annual report and loss of Ernst & Young seemed to support that bearish thesis, and the Department of Justice (DOJ) is reportedly getting ready to probe Supermicro's business.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool