Super Micro Computer is earning a reputation for being a volatile stock but this week takes the cake. The stock was the best performer in the S&P 500 on Monday, surging 15.9%, but the worst performer on Tuesday,

On Monday, the company said that it had hired BDO as its public auditor, replacing Ernst & Young, which resigned in October after it raised concerns regarding the

The stock jumped 15.9% today, meaning it's now doubled since Nov. 15. There was no company-specific news out on the stock today, but shares continued their march higher as investors seemed to believe the risk in the stock was significantly reduced since it filed to stay in compliance and hired a new auditor.

The stock fell 0.9% to $38.08 ahead of the open. Coming into the trading session, Super Micro shares are up 49% over the past 3 days, but remains well below their March high of ab

There were various positive developments for Super Micro this week, beyond the news that the company has a new auditor.

A relief rally in Super Micro Computer (NASDAQ: SMCI) stock is back on track today after taking a breather on Wednesday. Shares of the artificial intelligence (AI) server stack provider exploded higher on Tuesday after the company announced plans to address corporate governance and accounting questions.

When I think about stocks with millionaire-maker potential, I typically envision fast-growing companies with small valuations -- two characteristics Super Micro Computer (NASDAQ: SMCI) has in spades.