High growth, ROE and relative strength for NASDAQ:SMCI, growth investors may appreciate this.

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 course 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.

Looking into the canslim metrics of SUPER MICRO COMPUTER INC

• SUPER MICRO COMPUTER INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 33.97% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 33.59%, SUPER MICRO COMPUTER INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• The 3-year EPS growth of SUPER MICRO COMPUTER INC (63.99%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• In terms of Return on Equity(ROE), SUPER MICRO COMPUTER INC is performing well, achieving a 32.45% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• The Relative Strength (RS) of SUPER MICRO COMPUTER INC has been consistently solid, with a current 99.55 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. SUPER MICRO COMPUTER INC exhibits strong prospects for further price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.06, SUPER MICRO COMPUTER INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• SUPER MICRO COMPUTER INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 66.66%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Zooming in on the technicals.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple 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.

• Both the short term and long term trends are positive. This is a very positive sign.
• Looking at the yearly performance, SMCI did better than 99% of all other stocks. On top of that, SMCI also shows a nice and consistent pattern of rising prices.
• SMCI is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 94% of 35 stocks in the same industry.
• 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 228.26 - 292.00 range, which is quite wide. It is currently trading near the high of this range.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

How does the complete fundamental picture look for NASDAQ:SMCI?

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

SMCI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI gets an excellent profitability rating and is at the same time showing great financial health properties. SMCI is growing strongly while it is still valued neutral. This is a good 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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

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.