Buying a top growth stock after it plummets in value can have the potential to produce significant returns. But investors should be careful in picking up stocks which crashed heavily, as there are often good reasons for the sell-off. The risk is you may end up buying a stock that's destined to fall even further in value.

The biggest issues for SMCI have been related to its corporate governance standards and this has been responsible for much of the sell-off over the past year.

We recently compiled a list of the 12 Most Undervalued Tech Stocks to Invest in Now. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other undervalued tech stocks.

Shares of Super Micro Computer have surged since the company's IPO, and the stock's forecast should catch investors' attention.

With a bit more than a month to go before a deadline for Super Micro Computer to file its financial results or face delisting, the calendar is still empty. The stock saw big swings up and down over the past year amid excitement about the potential for artificial intelligence to boost tech profits.

Super Micro Computer SMCI has outperformed the market over the past 15 years by 11.59% on an annualized basis producing an average annual return of 23.61%. Currently, Super Micro Computer has a market capitalization of $19.00 billion.

SMCI's intrinsic value is calculated at $85, presenting a potential 160% upside from the current share price of $32.6.