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Evaluating NASDAQ:SMCI for Growth Investment Opportunities.

By Mill Chart

Last update: Jul 11, 2024

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.

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Why NASDAQ:SMCI may be interesting for canslim investors.

  • The earnings per share (EPS) of SUPER MICRO COMPUTER INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 308.0% increase. This reflects the company's ability to improve its profitability over time.
  • The recent q2q revenue growth of 200.0% of SUPER MICRO COMPUTER INC showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
  • 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 a healthy Return on Equity(ROE) of 20.59%. 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 been consistently solid, with a current 98.55 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.
  • SUPER MICRO COMPUTER INC exhibits a favorable Debt-to-Equity ratio at 0.35. 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.
  • The ownership composition of SUPER MICRO COMPUTER INC reflects a balanced investor ecosystem, with institutional shareholders owning 56.18%. This indicates a broader market participation and potential for increased trading liquidity.

In-Depth Technical Analysis of NASDAQ:SMCI

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.

We assign a technical rating of 9 out of 10 to SMCI. 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.

  • The long and short term trends are both positive. This is looking good!
  • SMCI is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. SMCI outperforms 93% of them.
  • When comparing the yearly performance of all stocks, we notice that SMCI is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by SMCI over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
  • SMCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMCI is lagging the market.
  • In the last month SMCI has a been trading in the 763.09 - 1014.02 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

A complete fundamental analysis of NASDAQ:SMCI

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

SMCI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI scores excellent on profitability, but there are some minor concerns on its financial health. SMCI is valued quite expensive, but it does show an excellent growth. This makes SMCI very considerable for growth 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.


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.



NASDAQ:SMCI (7/10/2024, 7:27:42 PM)

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