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

• SUPER MICRO COMPUTER INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 71.47% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• SUPER MICRO COMPUTER INC has demonstrated strong q2q revenue growth of 103.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• 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.
• The Return on Equity(ROE) of SUPER MICRO COMPUTER INC is 23.8%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• SUPER MICRO COMPUTER INC has exhibited strong Relative Strength(RS) in recent periods, with a current 99.86 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.
• SUPER MICRO COMPUTER INC exhibits a favorable Debt-to-Equity ratio at 0.03. 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.
• With 67.85% 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.

Analyzing the Technical Aspects

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

Taking everything into account, SMCI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SMCI has proven to be a steady performer, scoring decent points in every aspect analyzed.

• 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. 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 32 other stocks in this industry. SMCI outperforms 93% of them.
• SMCI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SMCI is lagging the market slightly.
• In the last month SMCI has a been trading in the 812.00 - 1229.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of SMCI contains the most current technical analsysis.

Fundamental analysis of NASDAQ:SMCI

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

Overall SMCI gets a fundamental rating of 6 out of 10. We evaluated SMCI against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. While SMCI has a great profitability rating, there are some minor concerns on its financial health. SMCI shows excellent growth, but is valued quite expensive already. These ratings could make SMCI a good candidate for growth investing.

Our latest full fundamental report of SMCI contains the most current fundamental analsysis.

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.