Is NASDAQ:CAMT suited for CANSLIM investing?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if CAMTEK LTD (NASDAQ:CAMT) is suited for growth investing. Investors should of course do their own research, but we spotted CAMTEK LTD showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

What matters for canslim investors.

• The earnings per share (EPS) of CAMTEK LTD have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 47.06% increase. This reflects the company's ability to improve its profitability over time.
• CAMTEK LTD has experienced 39.6% q2q revenue growth, indicating a significant sales increase.
• The 3-year EPS growth of CAMTEK LTD (44.97%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• The Return on Equity(ROE) of CAMTEK LTD is 20.69%, 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 CAMTEK LTD has been consistently solid, with a current 81.96 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. CAMTEK LTD exhibits strong prospects for further price appreciation.
• CAMTEK LTD maintains a healthy Debt-to-Equity ratio of 0.38. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• With institutional shareholders at 46.58%, 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.

Technical analysis of NASDAQ:CAMT

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.

We assign a technical rating of 7 out of 10 to CAMT. Although CAMT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

• The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
• CAMT is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. CAMT outperforms 77% of them.
• In the last month CAMT has a been trading in the 72.41 - 92.92 range, which is quite wide. It is currently trading near the high of this range.
• When comparing the yearly performance of all stocks, we notice that CAMT is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

Fundamental Analysis Observations

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

Overall CAMT gets a fundamental rating of 6 out of 10. We evaluated CAMT against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. CAMT has an excellent profitability rating, but there are some minor concerns on its financial health. CAMT is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make CAMT a good candidate for growth investing.

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

More growth stocks can be found in our CANSLIM screen.

Disclaimer

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.