Why NASDAQ:SMCI is Poised for High Growth.

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.

What matters for canslim investors.

• The quarterly earnings of SUPER MICRO COMPUTER INC have shown a 78.06% 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
• SUPER MICRO COMPUTER INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 143.0%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• SUPER MICRO COMPUTER INC has achieved 106.0% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• The Return on Equity(ROE) of SUPER MICRO COMPUTER INC is 20.59%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• The Relative Strength (RS) of SUPER MICRO COMPUTER INC has consistently been strong, with a current 91.6 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.
• Maintaining a Debt-to-Equity ratio of 0.35, 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.
• With 57.56% 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 employs a sophisticated system to assign a Technical Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple technical indicators and properties.

Taking everything into account, SMCI scores 6 out of 10 in our technical rating. In the past year, SMCI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

• The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
• SMCI is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 80% of 32 stocks in the same industry.
• In the last month SMCI has a been trading in the 25.71 - 42.88 range, which is quite wide. It is currently trading near the high of this range.
• Looking at the yearly performance, SMCI did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

What is the full fundamental picture of NASDAQ:SMCI telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various 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. While SMCI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SMCI is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, SMCI could be worth investigating further for growth 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

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.