Exploring NASDAQ:CAMT's CANSLIM characteristics.

In this article we will dive into CAMTEK LTD (NASDAQ:CAMT) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CAMTEK LTD showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• CAMTEK LTD has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 46.67% increase. This indicates improving financial performance and the company's effective management of its operations.
• CAMTEK LTD has demonstrated strong q2q revenue growth of 39.09%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• Over the past 3 years, CAMTEK LTD has demonstrated 44.97% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• With a solid Return on Equity (ROE) of 20.11%, CAMTEK LTD exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• CAMTEK LTD has achieved an impressive Relative Strength (RS) rating of 82.97, showcasing its ability to outperform the broader market. This strong performance positions CAMTEK LTD as an attractive stock for potential price appreciation.
• With a current Debt-to-Equity ratio at 0.42, CAMTEK LTD showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With institutional shareholders at 47.07%, CAMTEK LTD demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

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

Every day, ChartMill assigns a Technical Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various technical indicators and properties.

We assign a technical rating of 5 out of 10 to CAMT. Although CAMT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• When comparing the yearly performance of all stocks, we notice that CAMT is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, CAMT also shows a nice and consistent pattern of rising prices.
• CAMT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 83% of 108 stocks in the same industry.
• The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
• CAMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAMT is lagging the market.
• In the last month CAMT has a been trading in the 78.15 - 101.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

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

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

Taking everything into account, CAMT scores 6 out of 10 in our fundamental rating. CAMT was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. While CAMT belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CAMT is valued quite expensive, but it does show an excellent growth. This makes CAMT very considerable for growth investing!

For an up to date full fundamental analysis you can check the fundamental report of CAMT

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.