Unlocking the Growth Potential of 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 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

• The quarterly earnings of SUPER MICRO COMPUTER INC have shown a 33.97% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards 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.
• The EPS of SUPER MICRO COMPUTER INC has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• SUPER MICRO COMPUTER INC has a healthy Return on Equity(ROE) of 32.45%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• The Relative Strength (RS) of SUPER MICRO COMPUTER INC has consistently been strong, with a current 99.44 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. SUPER MICRO COMPUTER INC demonstrates promising potential for sustained price momentum.
• SUPER MICRO COMPUTER INC exhibits a favorable Debt-to-Equity ratio at 0.06. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• SUPER MICRO COMPUTER INC demonstrates a balanced ownership structure, with institutional shareholders at 66.52%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

What is the technical picture of NASDAQ:SMCI telling us.

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

We assign a technical rating of 6 out of 10 to SMCI. In the last year, SMCI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

• 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.
• The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
• SMCI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Check the latest full technical report of SMCI for a complete technical analysis.

Fundamental analysis of NASDAQ:SMCI

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to SMCI. SMCI was compared to 35 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SMCI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make SMCI a good candidate for growth and quality investing.

Check the latest full fundamental report of SMCI for a complete fundamental analysis.

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.