Why the growth investor may take a look at NASDAQ:SMCI.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if SUPER MICRO COMPUTER INC (NASDAQ:SMCI) is suited for growth investing. Investors should of couse do their own research, but we spotted SUPER MICRO COMPUTER INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:SMCI highlighted

• The recent financial report of SUPER MICRO COMPUTER INC demonstrates a 33.97% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• The q2q revenue growth of 33.59% of SUPER MICRO COMPUTER INC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• SUPER MICRO COMPUTER INC has achieved 63.99% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• SUPER MICRO COMPUTER INC has achieved an impressive Return on Equity (ROE) of 32.45%, showcasing its ability to generate favorable returns for shareholders.
• SUPER MICRO COMPUTER INC has exhibited strong Relative Strength(RS) in recent periods, with a current 99.45 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. SUPER MICRO COMPUTER INC shows promising potential for continued price momentum.
• With a current Debt-to-Equity ratio at 0.06, SUPER MICRO COMPUTER INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With 66.67% of the total shares held by institutional investors, SUPER MICRO COMPUTER INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical analysis of NASDAQ:SMCI

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

Taking everything into account, SMCI scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SMCI is showing a nice and steady performance.

• The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• Looking at the yearly performance, SMCI did better than 99% of all other stocks. We also observe that the gains produced by SMCI over the past year are nicely spread over this period.
• SMCI is part of the Technology Hardware, Storage & Peripherals industry. There are 35 other stocks in this industry. SMCI outperforms 94% of them.
• SMCI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SMCI is performing more or less in line with the market.
• In the last month SMCI has a been trading in the 235.15 - 298.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

For an up to date full technical analysis you can check the technical report of SMCI

Fundamental analysis of NASDAQ:SMCI

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

Overall SMCI gets a fundamental rating of 7 out of 10. We evaluated SMCI against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SMCI is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make SMCI a good candidate for growth and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of SMCI

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.